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
5 BILBROOK LANE is a very large detached house of 241m², built sometime between 1996 and 2002. It was last sold for £910,000 in April 2017, which was around 113% above the average April 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 5 BILBROOK LANE since 1st 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 5 BILBROOK LANE sales were for above 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 |
---|---|---|---|
2017 21 APR | £910,000 | £427,924 | 113% above HPI |
2010 11 FEB | £730,000 | £262,141 | 178% above HPI |
2002 29 NOV | £550,000 | £212,453 | 159% above HPI |
2002 31 JAN | £221,750 | £177,948 | 25% above HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 5 BILBROOK LANE sales between January 2002 and April 2017 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 February 2010 sale was for 178% above the HPI. So the extrapolation line tracks at 178% above the HPI over time, until the April 2017 sale, where it falls to 113% above the HPI. The line then continues to track at 113% above the HPI.
5 BILBROOK LANE is 241m² according to the EPC inspection conducted in July 2009. This puts it in the largest 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 5 BILBROOK LANE lies on this distribution: 97% of detached houses are smaller than 5 BILBROOK LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
5 BILBROOK LANE sits on a plot of roughly 0.204 of an acre, or 826m². The below map shows the location of 5 BILBROOK 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 5 BILBROOK 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.
5 BILBROOK LANE is located in FURZTON, in the MK4 postcode district. The below map shows the position of No. 5 on BILBROOK LANE.