2, JOINERS WAY, LAVENDON, OLNEY, MK46 4JF - £342,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 JOINERS WAY is a very small extended detached house of 78m², built sometime between 1967 and 1975. It was last sold for £342,000 in September 2021, which was around 28% below the average September 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

2 JOINERS WAY Sold Prices

Land registry data shows three sales for 2 JOINERS WAY 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 2 JOINERS WAY 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
2021 30 SEP	£342,000	£475,618	28% below HPI
2016 8 JAN	£245,000	£390,376	37% below HPI
1995 26 OCT	£60,000	£82,358	27% below HPI

2 JOINERS WAY 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 2 JOINERS WAY sales between October 1995 and September 2021 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 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 JOINERS WAY?

2 JOINERS WAY is 78m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses in Lavendon, based on EPC data. The below chart shows the distribution of detached houses by size in Lavendon, and where 2 JOINERS WAY lies on this distribution: 7% of detached houses are smaller than 2 JOINERS WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Lavendon.

2 JOINERS WAY: Plot and Title Map

2 JOINERS WAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 2 JOINERS WAY, 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 JOINERS WAY). 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 2 JOINERS WAY?

2 JOINERS WAY is located in LAVENDON, in the MK46 postcode district. The below map shows the position of No. 2 on JOINERS WAY.