10, POWIS LANE, WESTCROFT, MILTON KEYNES, MK4 4DR - £600,000

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

10 POWIS LANE is a large extended detached house of 133m², built sometime between 1996 and 2002. It was last sold for £600,000 in September 2021, which was around 26% above the average September 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was C.

10 POWIS LANE Sold Prices

Land registry data shows two sales for 10 POWIS 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 10 POWIS 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
2021 20 SEP	£600,000	£475,618	26% above HPI
2017 31 MAR	£460,000	£428,755	7% above HPI

10 POWIS 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 10 POWIS LANE sales from March 2017 and September 2021 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 March 2017 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2021 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 10 POWIS LANE?

10 POWIS LANE is 133m², which includes three extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 40% 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 10 POWIS LANE lies on this distribution: 60% of detached houses are smaller than 10 POWIS LANE, and 39% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

10 POWIS LANE: Plot and Title Map

10 POWIS LANE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 10 POWIS 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 10 POWIS 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 10 POWIS LANE?

10 POWIS LANE is located in WESTCROFT, in the MK4 postcode district. The below map shows the position of No. 10 on POWIS LANE.