56, WENNING LANE, EMERSON VALLEY, MILTON KEYNES, MK4 2JF - £334,000

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

56 WENNING LANE is a large detached house of 158m², built sometime between 1996 and 2002. It was last sold for £334,000 in June 2012, which was around 20% above the average June 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was C.

56 WENNING LANE Sold Prices

Land registry data shows three sales for 56 WENNING 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 56 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
2012 1 JUN	£334,000	£279,271	20% above HPI
2001 18 JUN	£188,000	£154,890	21% above HPI
1996 29 APR	£115,000	£83,877	37% above HPI

56 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 three 56 WENNING LANE sales between April 1996 and June 2012 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 June 2001 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2012 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 56 WENNING LANE?

56 WENNING LANE is 158m² according to the EPC inspection conducted in February 2018. This puts it in the largest 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 56 WENNING LANE lies on this distribution: 77% of detached houses are smaller than 56 WENNING LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

56 WENNING LANE: Plot and Title Map

56 WENNING LANE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 56 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 56 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 56 WENNING LANE?

56 WENNING LANE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 56 on WENNING LANE.