7, CHAPEL LANE, DRAYTON PARSLOW, MILTON KEYNES, MK17 0JG - £675,000

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

7 CHAPEL LANE is a very large extended semi-detached house of 199m², built sometime between 1950 and 1966. It was last sold for £675,000 in November 2022, which was around 19% below the average November 2022 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

7 CHAPEL LANE Sold Prices

Land registry data shows five sales for 7 CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the five 7 CHAPEL 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 11 NOV	£675,000	£830,695	19% below HPI
2019 29 MAR	£572,500	£718,243	20% below HPI
2013 24 JUN	£392,000	£507,125	23% below HPI
2006 5 MAY	£390,000	£414,644	6% below HPI
1999 5 NOV	£145,000	£244,542	41% below HPI

7 CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The five 7 CHAPEL LANE sales between November 1999 and November 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 March 2019 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 CHAPEL LANE?

7 CHAPEL LANE is 199m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses in Drayton Parslow, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton Parslow, and where 7 CHAPEL LANE lies on this distribution: 95% of detached houses are smaller than 7 CHAPEL LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Drayton Parslow.

7 CHAPEL LANE: Plot and Title Map

7 CHAPEL LANE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 7 CHAPEL 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 7 CHAPEL 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 7 CHAPEL LANE?

7 CHAPEL LANE is located in DRAYTON PARSLOW, in the MK17 postcode district. The below map shows the position of No. 7 on CHAPEL LANE.