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 LAWSON PLACE is a very large extended detached house of 232m², built sometime between 1996 and 2002. It was last sold for £910,000 in March 2022, which was around 84% above the average March 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 5 LAWSON PLACE 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 LAWSON PLACE 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 |
---|---|---|---|
2022 4 MAR | £910,000 | £493,354 | 84% above HPI |
2007 22 FEB | £390,000 | £276,207 | 41% above HPI |
1999 16 SEP | £178,000 | £121,443 | 47% above HPI |
1998 8 MAY | £162,500 | £102,848 | 58% 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 LAWSON PLACE sales between May 1998 and March 2022 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 2007 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the March 2022 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.
5 LAWSON PLACE is 232m², which includes two extensions, according to the EPC inspection conducted in September 2021. 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 LAWSON PLACE lies on this distribution: 96% of detached houses are smaller than 5 LAWSON PLACE, and 4% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
5 LAWSON PLACE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 5 LAWSON PLACE, 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 LAWSON PLACE). 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 LAWSON PLACE is located in SHENLEY LODGE, in the MK5 postcode district. The below map shows the position of No. 5 on LAWSON PLACE.