15, POWIS LANE, WESTCROFT, MILTON KEYNES, MK4 4DN - £390,000

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.

15 POWIS LANE is a small extended detached house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £526,098. It was last sold for £390,000 in May 2016, which was around 7% below the average May 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

15 POWIS LANE Sold Prices

Land registry data shows two sales for 15 POWIS LANE 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 15 POWIS 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
2016 6 MAY	£390,000	£419,153	7% below HPI
2000 31 AUG	£145,000	£148,602	2% below HPI

15 POWIS LANE 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 15 POWIS LANE sales from August 2000 and May 2016 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 August 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 15 POWIS LANE be worth now?

15 POWIS LANE might now be worth an estimated £526,098.

This is based on house price inflation of 34.9%, between May 2016 and February 2025, 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 34.9% inflationary increase is applied to the most recent sale price for 15 POWIS LANE of £390,000 on 6th May 2016. For the value to have increased from £390,000 to £526,098 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 15 POWIS LANE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The May 2016 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 15 POWIS LANE has not materially changed since May 2016.

How Large is 15 POWIS LANE?

15 POWIS LANE is 108m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% 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 15 POWIS LANE lies on this distribution: 35% of detached houses houses are smaller than 15 POWIS LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

15 POWIS LANE: Plot and Title Map

15 POWIS LANE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 15 POWIS 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 15 POWIS 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.

Where is 15 POWIS LANE?

15 POWIS LANE is located in WESTCROFT, in the MK4 postcode district. The below map shows the position of No. 15 on POWIS LANE.