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

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 LOWICK PLACE is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £274,995 in August 2014, which was around 18% 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	£335,787	18% below HPI
2006 25 APR	£220,000	£252,926	13% below HPI
2003 18 MAR	£169,995	£228,396	26% below HPI
2000 26 MAY	£132,950	£136,050	2% 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

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 in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 2 LOWICK PLACE lies on this distribution: 11% of detached 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.