71, CASTLE ROAD, LAVENDON, OLNEY, MK46 4JE - £340,000

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

71 CASTLE ROAD is a small extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £340,000 in March 2018, which was around 22% below the average March 2018 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.

71 CASTLE ROAD Sold Prices

Land registry data shows three sales for 71 CASTLE ROAD 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 71 CASTLE ROAD 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
2018 15 MAR	£340,000	£435,928	22% below HPI
2011 25 NOV	£234,150	£281,741	17% below HPI
2001 25 OCT	£165,000	£169,972	3% below HPI

71 CASTLE ROAD 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 71 CASTLE ROAD sales between October 2001 and March 2018 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 November 2011 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 71 CASTLE ROAD?

71 CASTLE ROAD is 97m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of detached houses in Lavendon, based on EPC data. The below chart shows the distribution of detached houses by size in Lavendon, and where 71 CASTLE ROAD lies on this distribution: 22% of detached houses are smaller than 71 CASTLE ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Lavendon.

71 CASTLE ROAD: Plot and Title Map

71 CASTLE ROAD sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 71 CASTLE ROAD, 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 71 CASTLE ROAD). 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 71 CASTLE ROAD?

71 CASTLE ROAD is located in LAVENDON, in the MK46 postcode district. The below map shows the position of No. 71 on CASTLE ROAD.