CORNERWAYS, STOCK LANE, WHADDON, MILTON KEYNES, MK17 0LS - £455,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CORNERWAYS is a small extended detached house of 138m², built sometime from 2007 onwards, which could now be worth an estimated £533,250. It was last sold for £455,000 in August 2016, which was around 37% below the average August 2016 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

CORNERWAYS Sold Prices

Land registry data shows two sales for CORNERWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. Both of the two CORNERWAYS sales were for below 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
2016 26 AUG	£455,000	£722,019	37% below HPI
2001 27 JUL	£155,000	£311,882	50% below HPI

CORNERWAYS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The two CORNERWAYS sales from July 2001 and August 2016 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 July 2001 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the August 2016 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might CORNERWAYS be worth now?

CORNERWAYS might now be worth an estimated £533,250.

This is based on house price inflation of 17.2%, between August 2016 and February 2025, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.2% inflationary increase is applied to the most recent sale price for CORNERWAYS of £455,000 on 26th August 2016. For the value to have increased from £455,000 to £533,250 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of CORNERWAYS has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The August 2016 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of CORNERWAYS has not materially changed since August 2016.

How Large is CORNERWAYS?

CORNERWAYS is 138m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% of detached houses houses in Whaddon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whaddon, and where CORNERWAYS lies on this distribution: 31% of detached houses houses are smaller than CORNERWAYS, and 69% of houses are larger. Note that EPC data is not available for all properties in Whaddon.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on STOCK LANE in WHADDON, in the MK17 postcode district. The below map shows the position of CORNERWAYS on STOCK LANE.