39, CASTLE ROAD, LAVENDON, OLNEY, MK46 4JE - £460,000

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

39 CASTLE ROAD is a very small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £460,000 in August 2022, which was around 11% below the average August 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

39 CASTLE ROAD Sold Prices

Land registry data shows three sales for 39 CASTLE ROAD since 1^st 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 39 CASTLE ROAD 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
2022 17 AUG	£460,000	£514,949	11% below HPI
2016 28 NOV	£325,000	£406,631	20% below HPI
2002 5 SEP	£183,500	£203,334	10% below HPI

39 CASTLE ROAD 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 three 39 CASTLE ROAD sales between September 2002 and August 2022 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 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 39 CASTLE ROAD?

39 CASTLE ROAD is 88m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of detached houses in Lavendon, based on EPC data. The below chart shows the distribution of detached houses by size in Lavendon, and where 39 CASTLE ROAD lies on this distribution: 15% of detached houses are smaller than 39 CASTLE ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Lavendon.

39 CASTLE ROAD: Plot and Title Map

39 CASTLE ROAD sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 39 CASTLE ROAD, 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 39 CASTLE ROAD). 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 39 CASTLE ROAD?

39 CASTLE ROAD is located in LAVENDON, in the MK46 postcode district. The below map shows the position of No. 39 on CASTLE ROAD.