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
54 WENNING LANE is a midsized detached house of 117m², built sometime between 1991 and 1995. It was last sold for £336,000 in May 2013, which was around 17% above the average May 2013 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 54 WENNING LANE since 1st 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 54 WENNING 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 |
---|---|---|---|
2013 24 MAY | £336,000 | £287,007 | 17% above HPI |
1995 21 DEC | £105,000 | £82,888 | 27% 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 two 54 WENNING LANE sales from December 1995 and May 2013 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 December 1995 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2013 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.
54 WENNING LANE is 117m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% 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 54 WENNING LANE lies on this distribution: 44% of detached houses are smaller than 54 WENNING LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
54 WENNING LANE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 54 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 54 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.
54 WENNING LANE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 54 on WENNING LANE.