7, PASSALEWE LANE, WAVENDON GATE, MILTON KEYNES, MK7 7RF - £565,000

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

7 PASSALEWE LANE is a very large detached house of 223m², built sometime between 1991 and 1995. It was last sold for £565,000 in November 2009, which was around 118% above the average November 2009 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

7 PASSALEWE LANE Sold Prices

Land registry data shows three sales for 7 PASSALEWE 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 7 PASSALEWE 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
2009 9 NOV	£565,000	£259,448	118% above HPI
2005 1 SEP	£512,500	£250,356	105% above HPI
1996 28 JUN	£187,000	£84,308	122% above HPI

7 PASSALEWE 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 7 PASSALEWE LANE sales between June 1996 and November 2009 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 September 2005 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the November 2009 sale, where it rises to 118% above the HPI. The line then continues to track at 118% above the HPI.

How Large is 7 PASSALEWE LANE?

7 PASSALEWE LANE is 223m² according to the EPC inspection conducted in June 2009. This puts it in the largest 10% 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 7 PASSALEWE LANE lies on this distribution: 95% of detached houses are smaller than 7 PASSALEWE LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 PASSALEWE LANE: Plot and Title Map

7 PASSALEWE LANE sits on a plot of roughly 0.200 of an acre, or 807m². The below map shows the location of 7 PASSALEWE 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 PASSALEWE 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 PASSALEWE LANE?

7 PASSALEWE LANE is located in WAVENDON GATE, in the MK7 postcode district. The below map shows the position of No. 7 on PASSALEWE LANE.