11, LAKER COURT, OLDBROOK, MILTON KEYNES, MK6 2TQ - £385,000

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

11 LAKER COURT is a midsized detached house of 117m², built sometime between 1991 and 1995. It was last sold for £385,000 in October 2019, which was around 10% below the average October 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

11 LAKER COURT Sold Prices

Land registry data shows four sales for 11 LAKER COURT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. two of the four 11 LAKER COURT sales were for below the average price, and four 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
2019 9 OCT	£385,000	£427,444	10% below HPI
2017 13 JAN	£400,000	£419,366	5% below HPI
2007 12 DEC	£320,500	£302,780	6% above HPI
1997 26 JUN	£112,950	£92,782	22% above HPI

11 LAKER COURT 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 four 11 LAKER COURT sales between June 1997 and October 2019 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 January 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 11 LAKER COURT?

11 LAKER COURT is 117m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 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 11 LAKER COURT lies on this distribution: 44% of detached houses are smaller than 11 LAKER COURT, and 56% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

11 LAKER COURT: Plot and Title Map

11 LAKER COURT sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 11 LAKER COURT, 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 11 LAKER COURT). 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 11 LAKER COURT?

11 LAKER COURT is located in OLDBROOK, in the MK6 postcode district. The below map shows the position of No. 11 on LAKER COURT.