THE BUNGALOW, WAVENDON LODGE, LOWER END, WAVENDON, MILTON KEYNES, MK17 8AU - £380,000

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

THE BUNGALOW is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £380,000 in April 2019, which was around 10% below the average April 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows two sales for THE BUNGALOW 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. One of the two THE BUNGALOW sales was for below the average price, whilst the other 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
2019 30 APR	£380,000	£422,986	10% below HPI
2017 6 JUL	£2,300,000	£426,115	440% above HPI

THE BUNGALOW 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 THE BUNGALOW sales from July 2017 and April 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 July 2017 sale was for 440% above the HPI. So the extrapolation line tracks at 440% above the HPI over time, until the April 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 92m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 30% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where THE BUNGALOW lies on this distribution: 21% of detached houses are smaller than THE BUNGALOW, and 78% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW, WAVENDON LODGE is located on LOWER END in WAVENDON, in the MK17 postcode district. The below map shows the position of THE BUNGALOW, WAVENDON LODGE on LOWER END.