50, LICHFIELD DOWN, WALNUT TREE, MILTON KEYNES, MK7 7BB - £315,000

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

50 LICHFIELD DOWN is a small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £315,000 in October 2018, which was around 29% below the average October 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

50 LICHFIELD DOWN Sold Prices

Land registry data shows two sales for 50 LICHFIELD DOWN 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. Both of the two 50 LICHFIELD DOWN 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
2018 5 OCT	£315,000	£442,097	29% below HPI
2003 3 OCT	£173,000	£233,033	26% below HPI

50 LICHFIELD DOWN 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 50 LICHFIELD DOWN sales from October 2003 and October 2018 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 October 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 50 LICHFIELD DOWN?

50 LICHFIELD DOWN is 92m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the smallest 30% 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 LICHFIELD DOWN lies on this distribution: 21% of detached houses are smaller than 50 LICHFIELD DOWN, and 78% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

50 LICHFIELD DOWN: Plot and Title Map

50 LICHFIELD DOWN sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 50 LICHFIELD DOWN, 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 LICHFIELD DOWN). 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 LICHFIELD DOWN?

50 LICHFIELD DOWN is located in WALNUT TREE, in the MK7 postcode district. The below map shows the position of No. 50 on LICHFIELD DOWN.