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

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

12 NORTON LEYS is a very large extended detached house of 186m², built sometime between 1991 and 1995. It was last sold for £585,000 in May 2015, which was around 67% 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	£349,538	67% above HPI
2010 28 MAY	£537,500	£273,119	97% above HPI
2002 31 JAN	£330,000	£177,948	85% above HPI
1996 21 FEB	£175,750	£83,023	112% 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 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the May 2015 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

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 in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 12 NORTON LEYS lies on this distribution: 88% of detached 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.