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 THE GLEBE is a very small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £282,500 in November 2012, which was about the average November 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 7 THE GLEBE since 1st 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. The three 7 THE GLEBE sales were a mix of roughly equal to the average price, and 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 |
---|---|---|---|
2012 30 NOV | £282,500 | £282,340 | Close to HPI |
2006 14 DEC | £292,500 | £272,536 | 7% above HPI |
2002 22 AUG | £207,000 | £199,243 | 4% above HPI |
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 THE GLEBE sales between August 2002 and November 2012 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 December 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2012 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
7 THE GLEBE is 94m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Lavendon, based on EPC data. The below chart shows the distribution of detached houses by size in Lavendon, and where 7 THE GLEBE lies on this distribution: 17% of detached houses are smaller than 7 THE GLEBE, and 83% of houses are larger. Note that EPC data is not available for all properties in Lavendon.
7 THE GLEBE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 7 THE GLEBE, 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 THE GLEBE). 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.
7 THE GLEBE is located in LAVENDON, in the MK46 postcode district. The below map shows the position of No. 7 on THE GLEBE.