12, NORTON LEYS, WAVENDON GATE, MILTON KEYNES, MK7 7TA - £585,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 NORTON LEYS is a very large extended detached house of 186m², built sometime between 1991 and 1995, which could now be worth an estimated £889,526. It was last sold for £585,000 in May 2015, which was around 62% above the average May 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was D.

12 NORTON LEYS Sold Prices

Land registry data shows four sales for 12 NORTON LEYS 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. All of the four 12 NORTON LEYS 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
2015 7 MAY	£585,000	£361,299	62% above HPI
2010 28 MAY	£537,500	£282,309	90% above HPI
2002 31 JAN	£330,000	£183,936	79% above HPI
1996 21 FEB	£175,750	£85,816	105% above HPI

12 NORTON LEYS 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 12 NORTON LEYS sales between February 1996 and May 2015 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 2010 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the May 2015 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 12 NORTON LEYS be worth now?

12 NORTON LEYS might now be worth an estimated £889,526.

This is based on house price inflation of 52.1%, between May 2015 and December 2024, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.1% inflationary increase is applied to the most recent sale price for 12 NORTON LEYS of £585,000 on 7th May 2015. For the value to have increased from £585,000 to £889,526 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of 12 NORTON LEYS has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The May 2015 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 12 NORTON LEYS has not materially changed since May 2015.

How Large is 12 NORTON LEYS?

12 NORTON LEYS is 186m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 20% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 12 NORTON LEYS lies on this distribution: 88% of detached houses houses are smaller than 12 NORTON LEYS, and 12% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

12 NORTON LEYS: Plot and Title Map

12 NORTON LEYS sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 12 NORTON LEYS, 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 NORTON LEYS). 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 NORTON LEYS?

12 NORTON LEYS is located in WAVENDON GATE, in the MK7 postcode district. The below map shows the position of No. 12 on NORTON LEYS.