44, LANGLANDS, LAVENDON, OLNEY, MK46 4EL - £425,000

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

44 LANGLANDS is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £425,000 in October 2022, which was around 19% below the average October 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2021, where the current energy rating was B, and the potential energy rating was A.

44 LANGLANDS Sold Prices

Land registry data shows three sales for 44 LANGLANDS 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 44 LANGLANDS 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 31 OCT	£425,000	£522,914	19% below HPI
2008 15 DEC	£235,000	£255,515	8% below HPI
2007 9 FEB	£180,000	£276,207	35% below HPI

44 LANGLANDS 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 44 LANGLANDS sales between February 2007 and October 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 December 2008 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 44 LANGLANDS?

44 LANGLANDS is 70m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses in Lavendon, based on EPC data. The below chart shows the distribution of detached houses by size in Lavendon, and where 44 LANGLANDS lies on this distribution: 3% of detached houses are smaller than 44 LANGLANDS, and 97% of houses are larger. Note that EPC data is not available for all properties in Lavendon.

44 LANGLANDS: Plot and Title Map

44 LANGLANDS sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 44 LANGLANDS, 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 44 LANGLANDS). 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 44 LANGLANDS?

44 LANGLANDS is located in LAVENDON, in the MK46 postcode district. The below map shows the position of No. 44 on LANGLANDS.