8, IVY LANE, NEWTON LONGVILLE, MILTON KEYNES, MK17 0DJ - £286,000

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

8 IVY LANE is a midsized extended detached house of 120m², built sometime between 1983 and 1990. It was last sold for £286,000 in March 2005, which was around 29% below the average March 2005 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

8 IVY LANE Sold Prices

Land registry data shows four sales for 8 IVY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the four 8 IVY 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
2005 23 MAR	£286,000	£401,820	29% below HPI
2002 1 OCT	£247,000	£360,277	31% below HPI
2001 28 SEP	£240,000	£311,981	23% below HPI
1998 20 FEB	£112,000	£199,778	44% below HPI

8 IVY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The four 8 IVY LANE sales between February 1998 and March 2005 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 October 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2005 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 IVY LANE?

8 IVY LANE is 120m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 50% of detached houses in Newton Longville, based on EPC data. The below chart shows the distribution of detached houses by size in Newton Longville, and where 8 IVY LANE lies on this distribution: 48% of detached houses are smaller than 8 IVY LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Newton Longville.

8 IVY LANE: Plot and Title Map

8 IVY LANE sits on a plot of roughly 0.184 of an acre, or 745m². The below map shows the location of 8 IVY 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 IVY 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 IVY LANE?

8 IVY LANE is located in NEWTON LONGVILLE, in the MK17 postcode district. The below map shows the position of No. 8 on IVY LANE.