122, LICHFIELD DOWN, WALNUT TREE, MILTON KEYNES, MK7 7NW - £262,000

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

122 LICHFIELD DOWN is a very small semi-detached house of 78m², built sometime between 1991 and 1995. It was last sold for £262,000 in September 2015, which was around 30% below the average September 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

122 LICHFIELD DOWN Sold Prices

Land registry data shows two sales for 122 LICHFIELD DOWN 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 122 LICHFIELD DOWN 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
2015 25 SEP	£262,000	£376,388	30% below HPI
2000 19 JUN	£89,885	£138,476	35% below HPI

122 LICHFIELD DOWN 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 122 LICHFIELD DOWN sales from June 2000 and September 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 June 2000 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 122 LICHFIELD DOWN?

122 LICHFIELD DOWN is 78m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 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 122 LICHFIELD DOWN lies on this distribution: 10% of detached houses are smaller than 122 LICHFIELD DOWN, and 90% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

122 LICHFIELD DOWN: Plot and Title Map

122 LICHFIELD DOWN sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 122 LICHFIELD DOWN, 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 122 LICHFIELD DOWN). 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 122 LICHFIELD DOWN?

122 LICHFIELD DOWN is located in WALNUT TREE, in the MK7 postcode district. The below map shows the position of No. 122 on LICHFIELD DOWN.