48, FOSTERS LANE, BRADWELL, MILTON KEYNES, MK13 9HZ - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 FOSTERS LANE is a very small extended detached house of 72m², built sometime between 1983 and 1990. It was last sold for £240,000 in October 2015, which was around 37% below the average October 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

48 FOSTERS LANE Sold Prices

Land registry data shows four sales for 48 FOSTERS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 48 FOSTERS 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
2015 16 OCT	£240,000	£380,182	37% below HPI
2002 8 JAN	£118,000	£177,948	34% below HPI
2000 4 APR	£38,428	£134,108	71% below HPI
1998 29 MAY	£81,000	£102,848	21% below HPI

48 FOSTERS 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 four 48 FOSTERS LANE sales between May 1998 and October 2015 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 January 2002 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 48 FOSTERS LANE?

48 FOSTERS LANE is 72m², which includes one extension, according to the EPC inspection conducted in July 2015. 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 48 FOSTERS LANE lies on this distribution: 6% of detached houses are smaller than 48 FOSTERS LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

48 FOSTERS LANE: Plot and Title Map

48 FOSTERS LANE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 48 FOSTERS 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 48 FOSTERS 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 48 FOSTERS LANE?

48 FOSTERS LANE is located in BRADWELL, in the MK13 postcode district. The below map shows the position of No. 48 on FOSTERS LANE.