18, WHEELERS LANE, BRADVILLE, MILTON KEYNES, MK13 7HW - £630,000

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 WHEELERS LANE is a large extended detached house of 158m², built sometime between 1991 and 1995, which could now be worth an estimated £647,463. It was last sold for £630,000 in December 2022, which was around 15% above the average December 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

18 WHEELERS LANE Sold Prices

Land registry data shows three sales for 18 WHEELERS 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 WHEELERS 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
2022 16 DEC	£630,000	£550,174	15% above HPI
2015 24 JUL	£374,995	£372,320	1% above HPI
2000 16 JUN	£155,000	£143,135	8% above HPI

18 WHEELERS 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 WHEELERS LANE sales between June 2000 and December 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 July 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 18 WHEELERS LANE be worth now?

18 WHEELERS LANE might now be worth an estimated £647,463.

This is based on house price inflation of 2.8%, between December 2022 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 2.8% inflationary increase is applied to the most recent sale price for 18 WHEELERS LANE of £630,000 on 16th December 2022. For the value to have increased from £630,000 to £647,463 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 18 WHEELERS LANE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The December 2022 sale price of £630,000 represented a fair market value for the property.
• The size, condition, and specification of 18 WHEELERS LANE has not materially changed since December 2022.

How Large is 18 WHEELERS LANE?

18 WHEELERS LANE is 158m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 30% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 18 WHEELERS LANE lies on this distribution: 77% of detached houses houses are smaller than 18 WHEELERS LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

18 WHEELERS LANE: Plot and Title Map

18 WHEELERS LANE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 18 WHEELERS 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 WHEELERS 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 WHEELERS LANE?

18 WHEELERS LANE is located in BRADVILLE, in the MK13 postcode district. The below map shows the position of No. 18 on WHEELERS LANE.