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
24 GUNVER LANE is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £390,000 in July 2023, which was around 24% below the average July 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 24 GUNVER LANE since 1st 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 24 GUNVER 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 |
---|---|---|---|
2023 11 JUL | £390,000 | £514,319 | 24% below HPI |
2017 24 OCT | £320,000 | £441,162 | 27% below HPI |
2011 22 JUL | £215,000 | £274,367 | 22% below HPI |
2000 29 SEP | £115,000 | £145,865 | 21% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 24 GUNVER LANE sales between September 2000 and July 2023 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 October 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.
24 GUNVER LANE is 75m² according to the EPC inspection conducted in April 2023. 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 24 GUNVER LANE lies on this distribution: 8% of detached houses are smaller than 24 GUNVER LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
24 GUNVER LANE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 24 GUNVER 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 24 GUNVER 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.
24 GUNVER LANE is located in TATTENHOE, in the MK4 postcode district. The below map shows the position of No. 24 on GUNVER LANE.