1, SCHOOL LANE, CASTLETHORPE, MILTON KEYNES, MK19 7EN - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 SCHOOL LANE is a small detached house of 115m², built sometime between 1900 and 1929. It was last sold for £425,000 in November 2020, which was around 5% below the average November 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was E.

1 SCHOOL LANE Sold Prices

Land registry data shows three sales for 1 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Two of the three 1 SCHOOL LANE sales were for below the average price, whilst one was 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
2020 18 NOV	£425,000	£446,439	5% below HPI
2005 22 JUL	£295,000	£252,584	17% above HPI
2004 5 OCT	£237,000	£252,459	6% below HPI

1 SCHOOL 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 three 1 SCHOOL LANE sales between October 2004 and November 2020 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 July 2005 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 1 SCHOOL LANE?

1 SCHOOL LANE is 115m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 30% of detached houses in Castlethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Castlethorpe, and where 1 SCHOOL LANE lies on this distribution: 27% of detached houses are smaller than 1 SCHOOL LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Castlethorpe.

1 SCHOOL LANE: Plot and Title Map

1 SCHOOL LANE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 1 SCHOOL 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 SCHOOL 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 SCHOOL LANE?

1 SCHOOL LANE is located in CASTLETHORPE, in the MK19 postcode district. The below map shows the position of No. 1 on SCHOOL LANE.