12, LOCK VIEW LANE, BLETCHLEY, MILTON KEYNES, MK1 1BY - £350,000

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

12 LOCK VIEW LANE is a small extended detached house of 86m², built sometime between 1900 and 1929. It was last sold for £350,000 in April 2018, which was around 21% below the average April 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2010, where the current energy rating was G, and the potential energy rating was G.

12 LOCK VIEW LANE Sold Prices

Land registry data shows three sales for 12 LOCK VIEW 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. All of the three 12 LOCK VIEW LANE sales were for below 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
2018 16 APR	£350,000	£440,402	21% below HPI
2012 22 JUN	£225,000	£279,271	19% below HPI
1995 24 MAR	£32,000	£81,992	61% below HPI

12 LOCK VIEW 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 12 LOCK VIEW LANE sales between March 1995 and April 2018 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 June 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 12 LOCK VIEW LANE?

12 LOCK VIEW LANE is 86m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the smallest 30% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 12 LOCK VIEW LANE lies on this distribution: 21% of detached houses are smaller than 12 LOCK VIEW LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

12 LOCK VIEW LANE: Plot and Title Map

12 LOCK VIEW LANE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 12 LOCK VIEW 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 12 LOCK VIEW 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 12 LOCK VIEW LANE?

12 LOCK VIEW LANE is located in BLETCHLEY, in the MK1 postcode district. The below map shows the position of No. 12 on LOCK VIEW LANE.