2, LOWICK PLACE, EMERSON VALLEY, MILTON KEYNES, MK4 2LP - £274,995

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.

2 LOWICK PLACE is a very small detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £447,983. It was last sold for £274,995 in August 2014, which was around 21% below the average August 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

2 LOWICK PLACE Sold Prices

Land registry data shows four sales for 2 LOWICK PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 2 LOWICK PLACE 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 22 AUG	£274,995	£347,086	21% below HPI
2006 25 APR	£220,000	£261,437	16% below HPI
2003 18 MAR	£169,995	£236,081	28% below HPI
2000 26 MAY	£132,950	£140,627	5% below HPI

2 LOWICK PLACE 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 four 2 LOWICK PLACE sales between May 2000 and August 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 April 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 2 LOWICK PLACE be worth now?

2 LOWICK PLACE might now be worth an estimated £447,983.

This is based on house price inflation of 62.9%, between August 2014 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 62.9% inflationary increase is applied to the most recent sale price for 2 LOWICK PLACE of £274,995 on 22nd August 2014. For the value to have increased from £274,995 to £447,983 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 2 LOWICK PLACE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The August 2014 sale price of £274,995 represented a fair market value for the property.
• The size, condition, and specification of 2 LOWICK PLACE has not materially changed since August 2014.

How Large is 2 LOWICK PLACE?

2 LOWICK PLACE is 80m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% 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 2 LOWICK PLACE lies on this distribution: 11% of detached houses houses are smaller than 2 LOWICK PLACE, and 88% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 LOWICK PLACE: Plot and Title Map

2 LOWICK PLACE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 2 LOWICK PLACE, 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 LOWICK PLACE). 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 LOWICK PLACE?

2 LOWICK PLACE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 2 on LOWICK PLACE.