3, TIMBER LANE, WOBURN, MILTON KEYNES, MK17 9PL - £570,000

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

3 TIMBER LANE is a midsized detached house of 173m², built sometime between 1991 and 1995. It was last sold for £570,000 in September 2014, which was around 55% above the average September 2014 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

3 TIMBER LANE Sold Prices

Land registry data shows two sales for 3 TIMBER 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 Central Bedfordshire local authority area for the corresponding sale date. Both of the two 3 TIMBER 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
2014 26 SEP	£570,000	£368,241	55% above HPI
2001 5 JUL	£325,000	£191,249	70% above HPI

3 TIMBER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 3 TIMBER LANE sales from July 2001 and September 2014 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 July 2001 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the September 2014 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 3 TIMBER LANE?

3 TIMBER LANE is 173m² according to the EPC inspection conducted in August 2010. This puts it in the largest 50% of detached houses in Woburn, based on EPC data. The below chart shows the distribution of detached houses by size in Woburn, and where 3 TIMBER LANE lies on this distribution: 59% of detached houses are smaller than 3 TIMBER LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Woburn.

3 TIMBER LANE: Plot and Title Map

3 TIMBER LANE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 3 TIMBER 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 TIMBER 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 TIMBER LANE?

3 TIMBER LANE is located in WOBURN, in the MK17 postcode district. The below map shows the position of No. 3 on TIMBER LANE.