16, JOINERS WAY, LAVENDON, OLNEY, MK46 4JF - £415,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 JOINERS WAY is a small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £415,000 in January 2022, which was around 19% below the average January 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

16 JOINERS WAY Sold Prices

Land registry data shows two sales for 16 JOINERS WAY 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 16 JOINERS WAY 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 31 JAN	£415,000	£509,611	19% below HPI
2002 25 JAN	£110,000	£183,936	40% below HPI

16 JOINERS WAY 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 16 JOINERS WAY sales from January 2002 and January 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 January 2002 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 16 JOINERS WAY be worth now?

16 JOINERS WAY might now be worth an estimated £447,382.

This is based on house price inflation of 7.8%, between January 2022 and December 2024, 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 7.8% inflationary increase is applied to the most recent sale price for 16 JOINERS WAY of £415,000 on 31st January 2022. For the value to have increased from £415,000 to £447,382 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of 16 JOINERS WAY has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The January 2022 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 16 JOINERS WAY has not materially changed since January 2022.

How Large is 16 JOINERS WAY?

16 JOINERS WAY is 99m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 30% of detached houses houses in Lavendon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lavendon, and where 16 JOINERS WAY lies on this distribution: 24% of detached houses houses are smaller than 16 JOINERS WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Lavendon.

16 JOINERS WAY: Plot and Title Map

16 JOINERS WAY sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 16 JOINERS WAY, 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 16 JOINERS WAY). 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 16 JOINERS WAY?

16 JOINERS WAY is located in LAVENDON, in the MK46 postcode district. The below map shows the position of No. 16 on JOINERS WAY.