1, LANTHORN CLOSE, NEATH HILL, MILTON KEYNES, MK14 6JF - £331,000

1 LANTHORN CLOSE is a small extended detached house of 106m², built sometime between 1991 and 1995. It was last sold for £331,000 in June 2019, which was around 22% below the average June 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

1 LANTHORN CLOSE Sold Prices

Land registry data shows three sales for 1 LANTHORN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 1 LANTHORN CLOSE 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
2019 27 JUN	£331,000	£425,795	22% below HPI
2007 30 AUG	£224,950	£294,900	24% below HPI
1996 31 OCT	£73,000	£86,071	15% below HPI

1 LANTHORN CLOSE 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 three 1 LANTHORN CLOSE sales between October 1996 and June 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 August 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 LANTHORN CLOSE?

1 LANTHORN CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% 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 1 LANTHORN CLOSE lies on this distribution: 34% of detached houses are smaller than 1 LANTHORN CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 LANTHORN CLOSE: Plot and Title Map

1 LANTHORN CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 1 LANTHORN CLOSE, 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 1 LANTHORN CLOSE). 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 1 LANTHORN CLOSE?

1 LANTHORN CLOSE is located in NEATH HILL, in the MK14 postcode district. The below map shows the position of No. 1 on LANTHORN CLOSE.