1C, GREEN LANE, WOLVERTON, MILTON KEYNES, MK12 5HB - £215,000

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

1C GREEN LANE is a large extended detached house of 140m², built sometime between 1950 and 1966. It was last sold for £215,000 in October 2006, which was around 20% below the average October 2006 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.

1C GREEN LANE Sold Prices

Land registry data shows two sales for 1C 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 1C 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
2006 2 OCT	£215,000	£270,292	20% below HPI
1997 16 DEC	£78,000	£97,820	20% below HPI

1C 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 1C GREEN LANE sales from December 1997 and October 2006 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 December 1997 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2006 sale, which was also at 20% below the HPI.

How Large is 1C GREEN LANE?

1C GREEN LANE is 140m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 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 1C GREEN LANE lies on this distribution: 66% of detached houses are smaller than 1C GREEN LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1C GREEN LANE: Plot and Title Map

1C GREEN LANE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 1C 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 1C 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 1C GREEN LANE?

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