6, TIMBER LANE, WOBURN, MILTON KEYNES, MK17 9PL - £720,000

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

6 TIMBER LANE is a midsized extended detached house of 157m², built sometime between 1991 and 1995. It was last sold for £720,000 in March 2018, which was around 41% above the average March 2018 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

6 TIMBER LANE Sold Prices

Land registry data shows three sales for 6 TIMBER 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 Central Bedfordshire local authority area for the corresponding sale date. All of the three 6 TIMBER 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
2018 29 MAR	£720,000	£509,066	41% above HPI
2007 27 JUL	£540,000	£331,509	63% above HPI
2003 10 NOV	£418,000	£274,591	52% above HPI

6 TIMBER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 6 TIMBER LANE sales between November 2003 and March 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 July 2007 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the March 2018 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 6 TIMBER LANE?

6 TIMBER LANE is 157m², which includes four extensions, according to the EPC inspection conducted in January 2016. This puts it in the smallest 50% of detached houses in Woburn, based on EPC data. The below chart shows the distribution of detached houses by size in Woburn, and where 6 TIMBER LANE lies on this distribution: 41% of detached houses are smaller than 6 TIMBER LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Woburn.

6 TIMBER LANE: Plot and Title Map

6 TIMBER LANE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 6 TIMBER 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 6 TIMBER 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 6 TIMBER LANE?

6 TIMBER LANE is located in WOBURN, in the MK17 postcode district. The below map shows the position of No. 6 on TIMBER LANE.