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
122 WESTBURY LANE is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £371,000 in August 2024, which was around 30% below the average August 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 122 WESTBURY LANE since 1st 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 122 WESTBURY 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 |
---|---|---|---|
2024 23 AUG | £371,000 | £526,999 | 30% below HPI |
2017 30 JUN | £267,500 | £426,407 | 37% below HPI |
1999 30 JUL | £77,000 | £115,544 | 33% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 122 WESTBURY LANE sales between July 1999 and August 2024 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 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2024 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
122 WESTBURY LANE is 68m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses in Newport Pagnell, based on EPC data. The below chart shows the distribution of detached houses by size in Newport Pagnell, and where 122 WESTBURY LANE lies on this distribution: 5% of detached houses are smaller than 122 WESTBURY LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.
122 WESTBURY LANE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 122 WESTBURY 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 122 WESTBURY 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.
122 WESTBURY LANE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 122 on WESTBURY LANE.