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
68 LAKES LANE is a very large detached house of 216m², built sometime between 1976 and 1982. It was last sold for £530,000 in July 2015, which was around 47% above the average July 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 68 LAKES 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. One of the two 68 LAKES LANE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2015 29 JUL | £530,000 | £360,200 | 47% above HPI |
2005 8 JUN | £250,000 | £253,939 | 2% below 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 68 LAKES LANE sales from June 2005 and July 2015 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 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2015 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.
68 LAKES LANE is 216m² according to the EPC inspection conducted in September 2013. This puts it in the largest 10% of detached houses in Newport Pagnell, based on EPC data. The below chart shows the distribution of detached houses by size in Newport Pagnell, and where 68 LAKES LANE lies on this distribution: 98% of detached houses are smaller than 68 LAKES LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.
68 LAKES LANE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 68 LAKES 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 68 LAKES 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.
68 LAKES LANE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 68 on LAKES LANE.