BUCKEN COTTAGE, CASTLE ROAD, LAVENDON, OLNEY, MK46 4JD - £235,000

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

BUCKEN COTTAGE is a very small detached house of 56m², built sometime between 1976 and 1982. It was last sold for £235,000 in June 2002, which was around 26% above the average June 2002 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

BUCKEN COTTAGE Sold Prices

Land registry data shows two sales for BUCKEN COTTAGE 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 BUCKEN COTTAGE 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
2002 7 JUN	£235,000	£186,552	26% above HPI
1997 12 JUN	£152,000	£92,782	64% above HPI

BUCKEN COTTAGE 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 BUCKEN COTTAGE sales from June 1997 and June 2002 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 June 1997 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the June 2002 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is BUCKEN COTTAGE?

BUCKEN COTTAGE is 56m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Lavendon, based on EPC data. The below chart shows the distribution of detached houses by size in Lavendon, and where BUCKEN COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than BUCKEN COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lavendon.

BUCKEN COTTAGE: Plot and Title Map

BUCKEN COTTAGE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of BUCKEN COTTAGE, 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 BUCKEN COTTAGE). 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 BUCKEN COTTAGE?

BUCKEN COTTAGE is located on CASTLE ROAD in LAVENDON, in the MK46 postcode district. The below map shows the position of BUCKEN COTTAGE on CASTLE ROAD.