TIMBER RIDGE, WOBURN LANE, ASPLEY GUISE, MILTON KEYNES, MK17 8JR - £1,650,000

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.

TIMBER RIDGE is a very large extended detached house of 432m², built sometime from 2007 onwards, which could now be worth an estimated £2,041,149. It was last sold for £1,650,000 in November 2019, which was around 227% above the average November 2019 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was B.

TIMBER RIDGE Sold Prices

Land registry data shows two sales for TIMBER RIDGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two TIMBER RIDGE 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 6 NOV	£1,650,000	£504,075	227% above HPI
2006 21 FEB	£634,000	£298,790	112% above HPI

TIMBER RIDGE 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 two TIMBER RIDGE sales from February 2006 and November 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 February 2006 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the November 2019 sale, where it rises to 227% above the HPI. The line then continues to track at 227% above the HPI.

What might TIMBER RIDGE be worth now?

TIMBER RIDGE might now be worth an estimated £2,041,149.

This is based on house price inflation of 23.7%, between November 2019 and February 2025, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.7% inflationary increase is applied to the most recent sale price for TIMBER RIDGE of £1,650,000 on 6th November 2019. For the value to have increased from £1,650,000 to £2,041,149 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of TIMBER RIDGE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The November 2019 sale price of £1,650,000 represented a fair market value for the property.
• The size, condition, and specification of TIMBER RIDGE has not materially changed since November 2019.

How Large is TIMBER RIDGE?

TIMBER RIDGE is 432m², which includes four extensions, according to the EPC inspection conducted in November 2018. This puts it in the largest 10% of detached houses houses in Aspley Guise, based on EPC data. The below chart shows the distribution of detached houses houses by size in Aspley Guise, and where TIMBER RIDGE lies on this distribution: 95% of detached houses houses are smaller than TIMBER RIDGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Aspley Guise.

TIMBER RIDGE: Plot and Title Map

TIMBER RIDGE sits on a plot of roughly 0.550 of an acre, or 2,226m². The below map shows the location of TIMBER RIDGE, 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 TIMBER RIDGE). 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 TIMBER RIDGE?

TIMBER RIDGE is located on WOBURN LANE in ASPLEY GUISE, in the MK17 postcode district. The below map shows the position of TIMBER RIDGE on WOBURN LANE.