3, AUSTWICK LANE, EMERSON VALLEY, MILTON KEYNES, MK4 2DR - £560,000

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

3 AUSTWICK LANE is a large detached house of 160m², built sometime between 1983 and 1990. It was last sold for £560,000 in February 2021, which was around 24% above the average February 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

3 AUSTWICK LANE Sold Prices

Land registry data shows two sales for 3 AUSTWICK 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 3 AUSTWICK 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
2021 9 FEB	£560,000	£449,865	24% above HPI
1996 29 NOV	£148,500	£87,447	70% above HPI

3 AUSTWICK 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 3 AUSTWICK LANE sales from November 1996 and February 2021 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 November 1996 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the February 2021 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 3 AUSTWICK LANE?

3 AUSTWICK LANE is 160m² according to the EPC inspection conducted in September 2020. 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 3 AUSTWICK LANE lies on this distribution: 78% of detached houses are smaller than 3 AUSTWICK LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 AUSTWICK LANE: Plot and Title Map

3 AUSTWICK LANE sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 3 AUSTWICK 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 3 AUSTWICK 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 3 AUSTWICK LANE?

3 AUSTWICK LANE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 3 on AUSTWICK LANE.