50, GATEWICK LANE, CALDECOTTE, MILTON KEYNES, MK7 8LJ - £535,000

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

50 GATEWICK LANE is a large extended detached house of 138m², built sometime between 1996 and 2002. It was last sold for £535,000 in May 2020, which was around 23% above the average May 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

50 GATEWICK LANE Sold Prices

Land registry data shows three sales for 50 GATEWICK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 50 GATEWICK 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
2020 15 MAY	£535,000	£434,608	23% above HPI
2009 24 JUL	£350,000	£254,065	38% above HPI
1998 30 JAN	£154,950	£99,728	55% above HPI

50 GATEWICK 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 three 50 GATEWICK LANE sales between January 1998 and May 2020 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 July 2009 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2020 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 50 GATEWICK LANE?

50 GATEWICK LANE is 138m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 40% 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 50 GATEWICK LANE lies on this distribution: 64% of detached houses are smaller than 50 GATEWICK LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

50 GATEWICK LANE: Plot and Title Map

50 GATEWICK LANE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 50 GATEWICK 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 50 GATEWICK 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 50 GATEWICK LANE?

50 GATEWICK LANE is located in CALDECOTTE, in the MK7 postcode district. The below map shows the position of No. 50 on GATEWICK LANE.