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
38 FOSTERS LANE is a very small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £302,000 in March 2018, which was around 31% below the average March 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 38 FOSTERS LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 38 FOSTERS 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 |
---|---|---|---|
2018 15 MAR | £302,000 | £435,928 | 31% below HPI |
2000 20 APR | £99,995 | £134,108 | 25% below HPI |
1997 26 NOV | £79,000 | £97,943 | 19% 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 three 38 FOSTERS LANE sales between November 1997 and March 2018 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 2000 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
38 FOSTERS LANE is 84m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% 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 38 FOSTERS LANE lies on this distribution: 14% of detached houses are smaller than 38 FOSTERS LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
38 FOSTERS LANE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 38 FOSTERS 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 38 FOSTERS 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.
38 FOSTERS LANE is located in BRADWELL, in the MK13 postcode district. The below map shows the position of No. 38 on FOSTERS LANE.