1, PEERS LANE, SHENLEY CHURCH END, MILTON KEYNES, MK5 6BG - £172,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 PEERS LANE is a midsized detached house of 131m², built sometime between 1983 and 1990. It was last sold for £172,000 in September 2001, which was around 1% above the average September 2001 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

1 PEERS LANE Sold Prices

Land registry data shows two sales for 1 PEERS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 1 PEERS LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2001 7 SEP	£172,000	£169,774	1% above HPI
1999 28 MAY	£141,000	£112,191	26% above HPI

1 PEERS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 1 PEERS LANE sales from May 1999 and September 2001 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 1999 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2001 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 1 PEERS LANE?

1 PEERS LANE is 131m² according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 1 PEERS LANE lies on this distribution: 58% of detached houses are smaller than 1 PEERS LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 PEERS LANE: Plot and Title Map

1 PEERS LANE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 1 PEERS LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 PEERS LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 PEERS LANE?

1 PEERS LANE is located in SHENLEY CHURCH END, in the MK5 postcode district. The below map shows the position of No. 1 on PEERS LANE.