18, GUN LANE, SHERINGTON, NEWPORT PAGNELL, MK16 9PE - £675,000

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.

18 GUN LANE is a midsized extended detached house of 158m², built sometime between 1967 and 1975, which could now be worth an estimated £717,116. It was last sold for £675,000 in September 2023, which was around 27% above the average September 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

18 GUN LANE Sold Prices

Land registry data shows two sales for 18 GUN 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 18 GUN LANE sales were for above 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
2023 19 SEP	£675,000	£532,217	27% above HPI
2000 9 OCT	£240,000	£154,120	56% above HPI

18 GUN 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 18 GUN LANE sales from October 2000 and September 2023 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 October 2000 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the September 2023 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 18 GUN LANE be worth now?

18 GUN LANE might now be worth an estimated £717,116.

This is based on house price inflation of 6.2%, between September 2023 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 6.2% inflationary increase is applied to the most recent sale price for 18 GUN LANE of £675,000 on 19th September 2023. For the value to have increased from £675,000 to £717,116 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 18 GUN LANE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The September 2023 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GUN LANE has not materially changed since September 2023.

How Large is 18 GUN LANE?

18 GUN LANE is 158m², which includes three extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 50% of detached houses houses in Sherington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sherington, and where 18 GUN LANE lies on this distribution: 59% of detached houses houses are smaller than 18 GUN LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Sherington.

18 GUN LANE: Plot and Title Map

18 GUN LANE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 18 GUN 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 GUN 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 GUN LANE?

18 GUN LANE is located in SHERINGTON, in the MK16 postcode district. The below map shows the position of No. 18 on GUN LANE.