7, TALLIS LANE, BROWNS WOOD, MILTON KEYNES, MK7 8EB - £155,000

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 TALLIS LANE is a very small extended detached house of 80m², built sometime between 1983 and 1990. It was last sold for £155,000 in April 2004, which was around 35% below the average April 2004 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

7 TALLIS LANE Sold Prices

Land registry data shows three sales for 7 TALLIS 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 TALLIS 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
2004 22 APR	£155,000	£236,806	35% below HPI
1999 28 MAY	£77,000	£112,191	31% below HPI
1997 25 JUL	£43,400	£93,887	54% below HPI

7 TALLIS 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 TALLIS LANE sales between July 1997 and April 2004 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 May 1999 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2004 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 7 TALLIS LANE?

7 TALLIS LANE is 80m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% 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 TALLIS LANE lies on this distribution: 11% of detached houses are smaller than 7 TALLIS LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 TALLIS LANE: Plot and Title Map

7 TALLIS LANE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 7 TALLIS 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 TALLIS 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 TALLIS LANE?

7 TALLIS LANE is located in BROWNS WOOD, in the MK7 postcode district. The below map shows the position of No. 7 on TALLIS LANE.