45, LICHFIELD DOWN, WALNUT TREE, MILTON KEYNES, MK7 7AS - £155,000

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.

45 LICHFIELD DOWN is a very small extended detached house of 64m², built sometime between 1983 and 1990, which could now be worth an estimated £317,229. It was last sold for £155,000 in May 2011, which was around 44% below the average May 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

45 LICHFIELD DOWN Sold Prices

Land registry data shows three sales for 45 LICHFIELD DOWN 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 LICHFIELD DOWN 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
2011 26 MAY	£155,000	£276,270	44% below HPI
2004 7 APR	£148,000	£244,774	40% below HPI
1996 5 JUL	£13,650	£88,947	85% below HPI

45 LICHFIELD DOWN 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 LICHFIELD DOWN sales between July 1996 and May 2011 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 April 2004 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2011 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 45 LICHFIELD DOWN be worth now?

45 LICHFIELD DOWN might now be worth an estimated £317,229.

This is based on house price inflation of 104.7%, between May 2011 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 104.7% inflationary increase is applied to the most recent sale price for 45 LICHFIELD DOWN of £155,000 on 26th May 2011. For the value to have increased from £155,000 to £317,229 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 45 LICHFIELD DOWN has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The May 2011 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 45 LICHFIELD DOWN has not materially changed since May 2011.

How Large is 45 LICHFIELD DOWN?

45 LICHFIELD DOWN is 64m², which includes two extensions, according to the EPC inspection conducted in March 2020. 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 45 LICHFIELD DOWN lies on this distribution: 3% of detached houses houses are smaller than 45 LICHFIELD DOWN, and 97% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

45 LICHFIELD DOWN: Plot and Title Map

45 LICHFIELD DOWN sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 45 LICHFIELD DOWN, 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 LICHFIELD DOWN). 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 LICHFIELD DOWN?

45 LICHFIELD DOWN is located in WALNUT TREE, in the MK7 postcode district. The below map shows the position of No. 45 on LICHFIELD DOWN.