18, LITHGOWS AVENUE, BROOKLANDS, MILTON KEYNES, MK10 7GY - £265,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 LITHGOWS AVENUE is a very small detached house of 45m², built in 2020. It was last sold for £265,000 in October 2023, which was around 49% below the average October 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2022, where the current energy rating was B, and the potential energy rating was A.

18 LITHGOWS AVENUE Sold Prices

Land registry data shows two sales for 18 LITHGOWS AVENUE 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 LITHGOWS AVENUE 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
2023 31 OCT	£265,000	£515,999	49% below HPI
2022 28 JAN	£255,995	£493,022	48% below HPI

18 LITHGOWS AVENUE 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 LITHGOWS AVENUE sales from January 2022 and October 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 January 2022 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2023 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 18 LITHGOWS AVENUE?

18 LITHGOWS AVENUE is 45m² according to the EPC inspection conducted in January 2022. 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 18 LITHGOWS AVENUE lies on this distribution: Less than 1% of detached houses are smaller than 18 LITHGOWS AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

18 LITHGOWS AVENUE: Plot and Title Map

18 LITHGOWS AVENUE sits on a plot of roughly 0.029 of an acre, or 119m². The below map shows the location of 18 LITHGOWS AVENUE, 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 LITHGOWS AVENUE). 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 LITHGOWS AVENUE?

18 LITHGOWS AVENUE is located in BROOKLANDS, in the MK10 postcode district. The below map shows the position of No. 18 on LITHGOWS AVENUE.