2, VENABLES LANE, BOLBECK PARK, MILTON KEYNES, MK15 8PU - £550,000

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 VENABLES LANE is a large extended detached house of 137m², built sometime between 1983 and 1990. It was last sold for £550,000 in December 2022, which was around 3% above the average December 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

2 VENABLES LANE Sold Prices

Land registry data shows six sales for 2 VENABLES LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. three of the six 2 VENABLES LANE sales were for above the average price, and six 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
2022 7 DEC	£550,000	£532,265	3% above HPI
2009 15 MAY	£230,000	£250,496	8% below HPI
2007 27 JUL	£285,000	£291,864	2% below HPI
2005 20 JUL	£245,000	£252,584	3% below HPI
2001 10 OCT	£178,000	£169,972	5% above HPI
1996 16 SEP	£100,000	£86,933	15% above HPI

2 VENABLES 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 six 2 VENABLES LANE sales between September 1996 and December 2022 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 May 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 VENABLES LANE?

2 VENABLES LANE is 137m², which includes two extensions, according to the EPC inspection conducted in August 2022. 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 2 VENABLES LANE lies on this distribution: 63% of detached houses are smaller than 2 VENABLES LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 VENABLES LANE: Plot and Title Map

2 VENABLES LANE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 2 VENABLES 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 VENABLES 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 2 VENABLES LANE?

2 VENABLES LANE is located in BOLBECK PARK, in the MK15 postcode district. The below map shows the position of No. 2 on VENABLES LANE.