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
16 THORNEYCROFT LANE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £190,000 in April 2011, which was around 28% below the average April 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 16 THORNEYCROFT LANE since 1st 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 THORNEYCROFT 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 |
---|---|---|---|
2011 21 APR | £190,000 | £262,983 | 28% below HPI |
1995 19 APR | £65,000 | £81,027 | 20% 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 two 16 THORNEYCROFT LANE sales from April 1995 and April 2011 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 April 1995 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2011 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
16 THORNEYCROFT LANE is 66m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% 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 16 THORNEYCROFT LANE lies on this distribution: 3% of detached houses are smaller than 16 THORNEYCROFT LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
16 THORNEYCROFT LANE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 16 THORNEYCROFT 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 16 THORNEYCROFT 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.
16 THORNEYCROFT LANE is located in DOWNHEAD PARK, in the MK15 postcode district. The below map shows the position of No. 16 on THORNEYCROFT LANE.