18, GATEWICK LANE, CALDECOTTE, MILTON KEYNES, MK7 8LJ - £225,000

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

18 GATEWICK LANE is a small extended detached house of 102m², built sometime between 1983 and 1990. It was last sold for £225,000 in January 2004, which was around 7% below the average January 2004 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

18 GATEWICK LANE Sold Prices

Land registry data shows three sales for 18 GATEWICK LANE since 1^st 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 18 GATEWICK 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
2004 26 JAN	£225,000	£240,869	7% below HPI
1999 12 NOV	£117,000	£126,613	8% below HPI
1996 15 NOV	£82,995	£87,447	5% below HPI

18 GATEWICK 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 three 18 GATEWICK LANE sales between November 1996 and January 2004 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 November 1999 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2004 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 18 GATEWICK LANE?

18 GATEWICK LANE is 102m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% 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 18 GATEWICK LANE lies on this distribution: 30% of detached houses are smaller than 18 GATEWICK LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

18 GATEWICK LANE: Plot and Title Map

18 GATEWICK LANE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 18 GATEWICK 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 18 GATEWICK 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 18 GATEWICK LANE?

18 GATEWICK LANE is located in CALDECOTTE, in the MK7 postcode district. The below map shows the position of No. 18 on GATEWICK LANE.