WILLOW BANK, HEATH LANE, WOBURN SANDS, MILTON KEYNES, MK17 8TN - £971,000

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.

WILLOW BANK is a small extended detached house of 163m², built sometime between 1950 and 1966, which could now be worth an estimated £1,298,449. It was last sold for £971,000 in June 2016, which was around 108% above the average June 2016 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

WILLOW BANK Sold Prices

Land registry data shows two sales for WILLOW BANK 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 WILLOW BANK 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
2016 14 JUN	£971,000	£466,316	108% above HPI
2006 28 JUN	£590,000	£311,057	90% above HPI

WILLOW BANK 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 WILLOW BANK sales from June 2006 and June 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 June 2006 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the June 2016 sale, where it rises to 108% above the HPI. The line then continues to track at 108% above the HPI.

What might WILLOW BANK be worth now?

WILLOW BANK might now be worth an estimated £1,298,449.

This is based on house price inflation of 33.7%, between June 2016 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 33.7% inflationary increase is applied to the most recent sale price for WILLOW BANK of £971,000 on 14th June 2016. For the value to have increased from £971,000 to £1,298,449 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of WILLOW BANK has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The June 2016 sale price of £971,000 represented a fair market value for the property.
• The size, condition, and specification of WILLOW BANK has not materially changed since June 2016.

How Large is WILLOW BANK?

WILLOW BANK is 163m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% of detached houses houses in Aspley Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Aspley Heath, and where WILLOW BANK lies on this distribution: 33% of detached houses houses are smaller than WILLOW BANK, and 67% of houses are larger. Note that EPC data is not available for all properties in Aspley Heath.

WILLOW BANK: Plot and Title Map

WILLOW BANK sits on a plot of roughly 0.310 of an acre, or 1,256m². The below map shows the location of WILLOW BANK, 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 WILLOW BANK). 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 WILLOW BANK?

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