8, HODDER LANE, EMERSON VALLEY, MILTON KEYNES, MK4 2LJ - £365,000

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 HODDER LANE is a small extended detached house of 97m², built sometime between 1991 and 1995. It was last sold for £365,000 in December 2015, which was around 5% below the average December 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

8 HODDER LANE Sold Prices

Land registry data shows three sales for 8 HODDER 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. Two of the three 8 HODDER LANE sales were for below the average price, whilst one was 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 3 DEC	£365,000	£385,669	5% below HPI
2013 12 SEP	£220,000	£294,794	25% below HPI
1997 11 MAR	£93,995	£87,083	8% above HPI

8 HODDER 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 8 HODDER LANE sales between March 1997 and December 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 September 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2015 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 HODDER LANE?

8 HODDER LANE is 97m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% 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 HODDER LANE lies on this distribution: 26% of detached houses are smaller than 8 HODDER LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 HODDER LANE: Plot and Title Map

8 HODDER LANE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 8 HODDER 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 HODDER 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 HODDER LANE?

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