29, GATEWICK LANE, CALDECOTTE, MILTON KEYNES, MK7 8LH - £515,000

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

29 GATEWICK LANE is a large extended detached house of 159m², built sometime between 1996 and 2002. It was last sold for £515,000 in May 2019, which was around 21% above the average May 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was C.

29 GATEWICK LANE Sold Prices

Land registry data shows two sales for 29 GATEWICK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 29 GATEWICK LANE sales were for above 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
2019 31 MAY	£515,000	£424,197	21% above HPI
1998 27 MAR	£158,950	£101,125	57% above HPI

29 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 two 29 GATEWICK LANE sales from March 1998 and May 2019 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 March 1998 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the May 2019 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 29 GATEWICK LANE?

29 GATEWICK LANE is 159m², which includes three extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 30% 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 29 GATEWICK LANE lies on this distribution: 77% of detached houses are smaller than 29 GATEWICK LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

29 GATEWICK LANE: Plot and Title Map

29 GATEWICK LANE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 29 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 29 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 29 GATEWICK LANE?

29 GATEWICK LANE is located in CALDECOTTE, in the MK7 postcode district. The below map shows the position of No. 29 on GATEWICK LANE.