50, WENNING LANE, EMERSON VALLEY, MILTON KEYNES, MK4 2JF - £500,000

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 WENNING LANE is a small extended detached house of 101m², built sometime between 1991 and 1995. It was last sold for £500,000 in January 2023, which was around 5% below the average January 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

50 WENNING LANE Sold Prices

Land registry data shows two sales for 50 WENNING LANE 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 50 WENNING LANE sales was for below the average price, whilst the other was 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
2023 27 JAN	£500,000	£526,130	5% below HPI
1996 16 FEB	£95,950	£83,023	16% above HPI

50 WENNING 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 two 50 WENNING LANE sales from February 1996 and January 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 February 1996 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 50 WENNING LANE?

50 WENNING LANE is 101m², which includes one extension, according to the EPC inspection conducted in November 2022. 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 WENNING LANE lies on this distribution: 29% of detached houses are smaller than 50 WENNING LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

50 WENNING LANE: Plot and Title Map

50 WENNING LANE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 50 WENNING 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 WENNING 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 WENNING LANE?

50 WENNING LANE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 50 on WENNING LANE.