21, GATEWICK LANE, CALDECOTTE, MILTON KEYNES, MK7 8LH - £350,000

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

21 GATEWICK LANE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £350,000 in January 2022, which was around 29% below the average January 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

21 GATEWICK LANE Sold Prices

Land registry data shows five sales for 21 GATEWICK LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 21 GATEWICK 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
2022 31 JAN	£350,000	£493,022	29% below HPI
2003 12 SEP	£170,000	£233,788	27% below HPI
2003 17 APR	£127,000	£229,446	45% below HPI
2000 14 JUN	£97,000	£138,476	30% below HPI
1995 11 DEC	£79,995	£82,888	3% below HPI

21 GATEWICK 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 five 21 GATEWICK LANE sales between December 1995 and January 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 September 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 21 GATEWICK LANE?

21 GATEWICK LANE is 74m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% 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 21 GATEWICK LANE lies on this distribution: 7% of detached houses are smaller than 21 GATEWICK LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

21 GATEWICK LANE: Plot and Title Map

21 GATEWICK LANE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 21 GATEWICK 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 21 GATEWICK 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 21 GATEWICK LANE?

21 GATEWICK LANE is located in CALDECOTTE, in the MK7 postcode district. The below map shows the position of No. 21 on GATEWICK LANE.