51, FOSTERS LANE, BRADWELL, MILTON KEYNES, MK13 9HZ - £395,000

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

51 FOSTERS LANE is a very small extended detached house of 70m², built sometime between 1991 and 1995. It was last sold for £395,000 in October 2022, which was around 24% below the average October 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

51 FOSTERS LANE Sold Prices

Land registry data shows three sales for 51 FOSTERS 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 51 FOSTERS LANE 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
2022 3 OCT	£395,000	£522,914	24% below HPI
2004 23 JUL	£176,500	£248,985	29% below HPI
1997 4 JUL	£77,500	£93,887	17% below HPI

51 FOSTERS 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 51 FOSTERS LANE sales between July 1997 and October 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 July 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 51 FOSTERS LANE?

51 FOSTERS LANE is 70m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 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 51 FOSTERS LANE lies on this distribution: 5% of detached houses are smaller than 51 FOSTERS LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

51 FOSTERS LANE: Plot and Title Map

51 FOSTERS LANE sits on a plot of roughly 0.045 of an acre, or 180m². The below map shows the location of 51 FOSTERS 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 51 FOSTERS 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 51 FOSTERS LANE?

51 FOSTERS LANE is located in BRADWELL, in the MK13 postcode district. The below map shows the position of No. 51 on FOSTERS LANE.