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 SWIMBRIDGE LANE is a small extended detached house of 104m², built sometime between 1991 and 1995. It was last sold for £420,000 in March 2021, which was around 7% below the average March 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 4 SWIMBRIDGE 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. Two of the three 4 SWIMBRIDGE LANE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2021 4 MAR | £420,000 | £451,575 | 7% below HPI |
2005 23 MAR | £246,500 | £250,220 | 1% below HPI |
1996 11 OCT | £90,000 | £86,071 | 5% above 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 4 SWIMBRIDGE LANE sales between October 1996 and March 2021 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 March 2005 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
4 SWIMBRIDGE LANE is 104m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 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 4 SWIMBRIDGE LANE lies on this distribution: 32% of detached houses are smaller than 4 SWIMBRIDGE LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
4 SWIMBRIDGE LANE sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 4 SWIMBRIDGE 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 SWIMBRIDGE 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 SWIMBRIDGE LANE is located in FURZTON, in the MK4 postcode district. The below map shows the position of No. 4 on SWIMBRIDGE LANE.