124A, LICHFIELD DOWN, WALNUT TREE, MILTON KEYNES, MK7 7NW - £282,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

124A LICHFIELD DOWN is a very small semi-detached house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £299,584. It was last sold for £282,500 in October 2022, which was around 11% below the average October 2022 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

124A LICHFIELD DOWN Sold Prices

Land registry data shows four sales for 124A LICHFIELD DOWN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 124A 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
2022 27 OCT	£282,500	£317,543	11% below HPI
2003 9 JUN	£121,460	£128,343	5% below HPI
2001 23 NOV	£85,500	£95,333	10% below HPI
1998 7 MAY	£51,000	£59,048	14% below HPI

124A LICHFIELD DOWN Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 124A LICHFIELD DOWN sales between May 1998 and October 2022 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 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 124A LICHFIELD DOWN be worth now?

124A LICHFIELD DOWN might now be worth an estimated £299,584.

This is based on house price inflation of 6%, between October 2022 and February 2025, for semi-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 6% inflationary increase is applied to the most recent sale price for 124A LICHFIELD DOWN of £282,500 on 27th October 2022. For the value to have increased from £282,500 to £299,584 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 124A LICHFIELD DOWN has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The October 2022 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 124A LICHFIELD DOWN has not materially changed since October 2022.

How Large is 124A LICHFIELD DOWN?

124A LICHFIELD DOWN is 56m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 124A LICHFIELD DOWN lies on this distribution: 1% of semi-detached houses houses are smaller than 124A LICHFIELD DOWN, and 98% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

124A LICHFIELD DOWN: Plot and Title Map

124A LICHFIELD DOWN sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 124A 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 124A 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 124A LICHFIELD DOWN?

124A LICHFIELD DOWN is located in WALNUT TREE, in the MK7 postcode district. The below map shows the position of No. 124A on LICHFIELD DOWN.