ALDERMANS PLACE, HEATH LANE, WOBURN SANDS, MILTON KEYNES, MK17 8TN - £1,825,000

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

ALDERMANS PLACE is a very large extended detached house of 323m², built sometime between 1983 and 1990. It was last sold for £1,825,000 in December 2019, which was around 271% above the average December 2019 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

ALDERMANS PLACE Sold Prices

Land registry data shows three sales for ALDERMANS PLACE 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. All of the three ALDERMANS PLACE 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
2019 16 DEC	£1,825,000	£491,513	271% above HPI
2015 24 APR	£1,500,000	£385,297	289% above HPI
2014 20 AUG	£1,450,000	£364,131	298% above HPI

ALDERMANS PLACE 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 ALDERMANS PLACE sales between August 2014 and December 2019 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 April 2015 sale was for 289% above the HPI. So the extrapolation line tracks at 289% above the HPI over time, until the December 2019 sale, where it falls to 271% above the HPI. The line then continues to track at 271% above the HPI.

How Large is ALDERMANS PLACE?

ALDERMANS PLACE is 323m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 20% of detached houses in Aspley Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Aspley Heath, and where ALDERMANS PLACE lies on this distribution: 90% of detached houses are smaller than ALDERMANS PLACE, and 10% of houses are larger. Note that EPC data is not available for all properties in Aspley Heath.

ALDERMANS PLACE: Plot and Title Map

ALDERMANS PLACE sits on a plot of roughly 1.7 acres, or 7,036m². The below map shows the location of ALDERMANS PLACE, 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 ALDERMANS PLACE). 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 ALDERMANS PLACE?

ALDERMANS PLACE is located on HEATH LANE in WOBURN SANDS, in the MK17 postcode district. The below map shows the position of ALDERMANS PLACE on HEATH LANE.