4, BEC LANE, BOLBECK PARK, MILTON KEYNES, MK15 8PF - £95,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 BEC LANE is a very small detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £121,901. It was last sold for £95,000 in February 2019, which was around 78% below the average February 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

4 BEC LANE Sold Prices

Land registry data shows two sales for 4 BEC 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 4 BEC 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
2019 1 FEB	£95,000	£440,647	78% below HPI
2011 28 DEC	£54,000	£289,517	81% below HPI

4 BEC 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 4 BEC LANE sales from December 2011 and February 2019 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 December 2011 sale was for 81% below the HPI. So the extrapolation line tracks at 81% below the HPI over time, until the February 2019 sale, where it rises to 78% below the HPI. The line then continues to track at 78% below the HPI.

What might 4 BEC LANE be worth now?

4 BEC LANE might now be worth an estimated £121,901.

This is based on house price inflation of 28.3%, between February 2019 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.3% inflationary increase is applied to the most recent sale price for 4 BEC LANE of £95,000 on 1st February 2019. For the value to have increased from £95,000 to £121,901 over the six years to February 2025, the following assumptions must hold true:

• The value of 4 BEC LANE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The February 2019 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BEC LANE has not materially changed since February 2019.

How Large is 4 BEC LANE?

4 BEC LANE is 68m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 4 BEC LANE lies on this distribution: 4% of detached houses houses are smaller than 4 BEC LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

4 BEC LANE: Plot and Title Map

4 BEC LANE sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 4 BEC 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 4 BEC 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 4 BEC LANE?

4 BEC LANE is located in BOLBECK PARK, in the MK15 postcode district. The below map shows the position of No. 4 on BEC LANE.