48, LANGLANDS, LAVENDON, OLNEY, MK46 4EL - £630,000

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 LANGLANDS is a very large extended detached house of 170m², built sometime between 1950 and 1966. It was last sold for £630,000 in June 2023, which was around 22% above the average June 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

48 LANGLANDS Sold Prices

Land registry data shows two sales for 48 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. One of the two 48 LANGLANDS sales was for above the average price, whilst the other was 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
2023 1 JUN	£630,000	£517,966	22% above HPI
2018 1 MAY	£300,000	£437,245	31% below HPI

48 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 48 LANGLANDS sales from May 2018 and June 2023 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 May 2018 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2023 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 48 LANGLANDS?

48 LANGLANDS is 170m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 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 48 LANGLANDS lies on this distribution: 81% of detached houses are smaller than 48 LANGLANDS, and 19% of houses are larger. Note that EPC data is not available for all properties in Lavendon.

48 LANGLANDS: Plot and Title Map

48 LANGLANDS sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 48 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 48 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 48 LANGLANDS?

48 LANGLANDS is located in LAVENDON, in the MK46 postcode district. The below map shows the position of No. 48 on LANGLANDS.