31, GATEWICK LANE, CALDECOTTE, MILTON KEYNES, MK7 8LH - £365,000

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

31 GATEWICK LANE is a large detached house of 143m², built sometime between 1996 and 2002. It was last sold for £365,000 in February 2014, which was around 21% above the average February 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

31 GATEWICK LANE Sold Prices

Land registry data shows four sales for 31 GATEWICK LANE since 1^st 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 31 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
2014 21 FEB	£365,000	£301,268	21% above HPI
2002 19 APR	£262,000	£177,121	48% above HPI
2000 27 APR	£210,000	£134,108	57% above HPI
1998 31 MAR	£171,950	£101,125	70% above HPI

31 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 four 31 GATEWICK LANE sales between March 1998 and February 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 April 2002 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the February 2014 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 31 GATEWICK LANE?

31 GATEWICK LANE is 143m² according to the EPC inspection conducted in June 2013. This puts it in the largest 40% 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 31 GATEWICK LANE lies on this distribution: 68% of detached houses are smaller than 31 GATEWICK LANE, and 31% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

31 GATEWICK LANE: Plot and Title Map

31 GATEWICK LANE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 31 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 31 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 31 GATEWICK LANE?

31 GATEWICK LANE is located in CALDECOTTE, in the MK7 postcode district. The below map shows the position of No. 31 on GATEWICK LANE.