8, AUSTWICK LANE, EMERSON VALLEY, MILTON KEYNES, MK4 2DR - £460,000

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

8 AUSTWICK LANE is a midsized detached house of 117m², built sometime between 1991 and 1995. It was last sold for £460,000 in February 2015, which was around 32% above the average February 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

8 AUSTWICK LANE Sold Prices

Land registry data shows two sales for 8 AUSTWICK 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 Milton Keynes local authority area for the corresponding sale date. Both of the two 8 AUSTWICK 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
2015 27 FEB	£460,000	£348,827	32% above HPI
1996 12 DEC	£155,500	£88,961	75% above HPI

8 AUSTWICK 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 two 8 AUSTWICK LANE sales from December 1996 and February 2015 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 1996 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the February 2015 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 8 AUSTWICK LANE?

8 AUSTWICK LANE is 117m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 50% 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 8 AUSTWICK LANE lies on this distribution: 44% of detached houses are smaller than 8 AUSTWICK LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 AUSTWICK LANE: Plot and Title Map

8 AUSTWICK LANE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 8 AUSTWICK 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 8 AUSTWICK 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 8 AUSTWICK LANE?

8 AUSTWICK LANE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 8 on AUSTWICK LANE.