45, ARDWELL LANE, GREENLEYS, MILTON KEYNES, MK12 6LT - £293,000

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

45 ARDWELL LANE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £293,000 in November 2021, which was around 39% below the average November 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

45 ARDWELL LANE Sold Prices

Land registry data shows three sales for 45 ARDWELL LANE 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 45 ARDWELL 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
2021 26 NOV	£293,000	£479,135	39% below HPI
2021 11 MAR	£262,000	£451,575	42% below HPI
2017 10 NOV	£235,000	£440,141	47% below HPI

45 ARDWELL 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 three 45 ARDWELL LANE sales between November 2017 and November 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 2021 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 45 ARDWELL LANE?

45 ARDWELL LANE is 77m² according to the EPC inspection conducted in June 2017. 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 45 ARDWELL LANE lies on this distribution: 9% of detached houses are smaller than 45 ARDWELL LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

45 ARDWELL LANE: Plot and Title Map

45 ARDWELL LANE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 45 ARDWELL 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 45 ARDWELL 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 45 ARDWELL LANE?

45 ARDWELL LANE is located in GREENLEYS, in the MK12 postcode district. The below map shows the position of No. 45 on ARDWELL LANE.