Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
4 BEC LANE is a very small detached house of 68m², built sometime between 1983 and 1990. 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.
Land registry data shows two sales for 4 BEC LANE since 1st 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 | £426,303 | 78% below HPI |
2011 28 DEC | £54,000 | £280,093 | 81% 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 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.
4 BEC LANE is 68m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% 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 4 BEC LANE lies on this distribution: 4% of detached 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 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.
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.