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 MUDDIFORD LANE is a small detached house of 109m², built sometime between 1983 and 1990. It was last sold for £353,000 in January 2015, which was around 3% above the average January 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 8 MUDDIFORD LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Most of the four 8 MUDDIFORD 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 23 JAN | £353,000 | £341,733 | 3% above HPI |
2007 23 NOV | £285,000 | £306,776 | 7% below HPI |
2003 29 AUG | £229,995 | £227,612 | 1% above HPI |
1995 23 JUN | £84,995 | £83,156 | 2% above HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 8 MUDDIFORD LANE sales between June 1995 and January 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 November 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2015 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.
8 MUDDIFORD LANE is 109m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% 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 MUDDIFORD LANE lies on this distribution: 36% of detached houses are smaller than 8 MUDDIFORD LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
8 MUDDIFORD LANE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 8 MUDDIFORD 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 MUDDIFORD 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.
8 MUDDIFORD LANE is located in FURZTON, in the MK4 postcode district. The below map shows the position of No. 8 on MUDDIFORD LANE.