8, LAKER COURT, OLDBROOK, MILTON KEYNES, MK6 2TQ - £430,000

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 LAKER COURT is a small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £430,000 in May 2017, which was about the average May 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

8 LAKER COURT Sold Prices

Land registry data shows three sales for 8 LAKER COURT 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. The three 8 LAKER COURT 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
2017 22 MAY	£430,000	£430,673	Close to HPI
1999 19 NOV	£128,000	£126,613	1% above HPI
1997 23 JUL	£124,950	£93,887	33% above HPI

8 LAKER COURT 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 LAKER COURT sales between July 1997 and May 2017 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 1999 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 8 LAKER COURT?

8 LAKER COURT is 93m² according to the EPC inspection conducted in July 2016. 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 LAKER COURT lies on this distribution: 22% of detached houses are smaller than 8 LAKER COURT, and 77% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 LAKER COURT: Plot and Title Map

8 LAKER COURT sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 8 LAKER COURT, 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 LAKER COURT). 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 LAKER COURT?

8 LAKER COURT is located in OLDBROOK, in the MK6 postcode district. The below map shows the position of No. 8 on LAKER COURT.