8, NORTON LEYS, WAVENDON GATE, MILTON KEYNES, MK7 7TA - £390,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 NORTON LEYS is a very large detached house of 191m², built sometime between 1991 and 1995. It was last sold for £390,000 in February 2004, which was around 60% above the average February 2004 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

8 NORTON LEYS Sold Prices

Land registry data shows two sales for 8 NORTON LEYS 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 NORTON LEYS 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
2004 20 FEB	£390,000	£244,399	60% above HPI
1996 15 MAR	£162,450	£86,860	87% above HPI

8 NORTON LEYS 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 NORTON LEYS sales from March 1996 and February 2004 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 March 1996 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the February 2004 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 8 NORTON LEYS be worth now?

8 NORTON LEYS might now be worth an estimated £876,667.

This is based on house price inflation of 124.8%, between February 2004 and December 2024, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 124.8% inflationary increase is applied to the most recent sale price for 8 NORTON LEYS of £390,000 on 20th February 2004. For the value to have increased from £390,000 to £876,667 over the nineteen years and two months to December 2024, the following assumptions must hold true:

• The value of 8 NORTON LEYS has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The February 2004 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NORTON LEYS has not materially changed since February 2004.

How Large is 8 NORTON LEYS?

8 NORTON LEYS is 191m² according to the EPC inspection conducted in November 2011. This puts it in the largest 20% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 8 NORTON LEYS lies on this distribution: 89% of detached houses houses are smaller than 8 NORTON LEYS, and 11% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 NORTON LEYS: Plot and Title Map

8 NORTON LEYS sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of 8 NORTON LEYS, 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 NORTON LEYS). 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 NORTON LEYS?

8 NORTON LEYS is located in WAVENDON GATE, in the MK7 postcode district. The below map shows the position of No. 8 on NORTON LEYS.