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
2 CULBERTSON LANE is a very small extended semi-detached house of 89m², built sometime between 1976 and 1982. It was last sold for £174,000 in May 2014, which was around 45% below the average May 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 CULBERTSON LANE since 1st 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 2 CULBERTSON 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 |
---|---|---|---|
2014 16 MAY | £174,000 | £316,946 | 45% below HPI |
2006 3 FEB | £158,000 | £252,812 | 38% below HPI |
2003 22 MAY | £130,000 | £225,931 | 42% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 2 CULBERTSON LANE sales between May 2003 and May 2014 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 February 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2014 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.
2 CULBERTSON LANE is 89m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the smallest 20% 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 2 CULBERTSON LANE lies on this distribution: 18% of detached houses are smaller than 2 CULBERTSON LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
2 CULBERTSON LANE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 2 CULBERTSON 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 2 CULBERTSON 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.
2 CULBERTSON LANE is located in BLUE BRIDGE, in the MK13 postcode district. The below map shows the position of No. 2 on CULBERTSON LANE.