7, SPINNEY LANE, ASPLEY GUISE, MILTON KEYNES, MK17 8JS - £436,000

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 SPINNEY LANE is a very small detached house of 99m², built sometime between 1950 and 1966. It was last sold for £436,000 in January 2023, which was around 25% below the average January 2023 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

7 SPINNEY LANE Sold Prices

Land registry data shows two sales for 7 SPINNEY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 7 SPINNEY 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
2023 18 JAN	£436,000	£578,160	25% below HPI
2022 15 JUN	£374,000	£550,755	32% below HPI

7 SPINNEY 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 two 7 SPINNEY LANE sales from June 2022 and January 2023 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 2022 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 7 SPINNEY LANE?

7 SPINNEY LANE is 99m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Aspley Guise, based on EPC data. The below chart shows the distribution of detached houses by size in Aspley Guise, and where 7 SPINNEY LANE lies on this distribution: 8% of detached houses are smaller than 7 SPINNEY LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Aspley Guise.

7 SPINNEY LANE: Plot and Title Map

7 SPINNEY LANE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 7 SPINNEY 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 SPINNEY 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 SPINNEY LANE?

7 SPINNEY LANE is located in ASPLEY GUISE, in the MK17 postcode district. The below map shows the position of No. 7 on SPINNEY LANE.