1B, GREEN LANE, WOLVERTON, MILTON KEYNES, MK12 5HB - £86,000

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

1B GREEN LANE is a small detached house of 93m², built sometime between 1930 and 1949. It was last sold for £86,000 in October 1998, which was around 19% below the average October 1998 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

1B GREEN LANE Sold Prices

Land registry data shows two sales for 1B GREEN 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 1B GREEN 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
1998 15 OCT	£86,000	£106,585	19% below HPI
1995 7 JUL	£80,000	£84,740	6% below HPI

1B GREEN 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 1B GREEN LANE sales from July 1995 and October 1998 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 1995 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 1998 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1B GREEN LANE?

1B GREEN LANE is 93m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% 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 1B GREEN LANE lies on this distribution: 22% of detached houses are smaller than 1B GREEN LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1B GREEN LANE: Plot and Title Map

1B GREEN LANE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 1B GREEN 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 1B GREEN 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 1B GREEN LANE?

1B GREEN LANE is located in WOLVERTON, in the MK12 postcode district. The below map shows the position of No. 1B on GREEN LANE.