47, LANGLANDS, LAVENDON, OLNEY, MK46 4EP - £242,000

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

47 LANGLANDS is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £242,000 in February 2018, which was around 45% below the average February 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

47 LANGLANDS Sold Prices

Land registry data shows two sales for 47 LANGLANDS since 1^st 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 47 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
2018 2 FEB	£242,000	£439,578	45% below HPI
1998 30 SEP	£58,000	£106,100	45% below HPI

47 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 two 47 LANGLANDS sales from September 1998 and February 2018 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 September 1998 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2018 sale, which was also at 45% below the HPI.

How Large is 47 LANGLANDS?

47 LANGLANDS is 84m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of detached houses in Lavendon, based on EPC data. The below chart shows the distribution of detached houses by size in Lavendon, and where 47 LANGLANDS lies on this distribution: 10% of detached houses are smaller than 47 LANGLANDS, and 90% of houses are larger. Note that EPC data is not available for all properties in Lavendon.

47 LANGLANDS: Plot and Title Map

47 LANGLANDS sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 47 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 47 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 47 LANGLANDS?

47 LANGLANDS is located in LAVENDON, in the MK46 postcode district. The below map shows the position of No. 47 on LANGLANDS.