8, TIMBER LANE, WOBURN, MILTON KEYNES, MK17 9PL - £300,000

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 TIMBER LANE is a very small extended detached house of 97m², built sometime between 1991 and 1995. It was last sold for £300,000 in June 2010, which was around 5% below the average June 2010 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was C.

8 TIMBER LANE Sold Prices

Land registry data shows three sales for 8 TIMBER 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 Central Bedfordshire local authority area for the corresponding sale date. Two of the three 8 TIMBER 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
2010 4 JUN	£300,000	£317,235	5% below HPI
2003 28 NOV	£245,000	£274,591	11% below HPI
1999 9 JUL	£145,000	£141,935	2% above HPI

8 TIMBER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 8 TIMBER LANE sales between July 1999 and June 2010 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 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2010 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 TIMBER LANE?

8 TIMBER LANE is 97m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses in Woburn, based on EPC data. The below chart shows the distribution of detached houses by size in Woburn, and where 8 TIMBER LANE lies on this distribution: Less than 1% of detached houses are smaller than 8 TIMBER LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Woburn.

8 TIMBER LANE: Plot and Title Map

8 TIMBER LANE sits on a plot of roughly 0.056 of an acre, or 229m². The below map shows the location of 8 TIMBER 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 TIMBER 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 TIMBER LANE?

8 TIMBER LANE is located in WOBURN, in the MK17 postcode district. The below map shows the position of No. 8 on TIMBER LANE.