15, BACCHUS LANE, FAIRFIELDS, MILTON KEYNES, MK11 4AA - £307,500

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.

15 BACCHUS LANE is a very small semi-detached house of 78m², which could now be worth an estimated £387,729. It was last sold for £307,500 in March 2021, which was around 12% above the average March 2021 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was A.

15 BACCHUS LANE Sold Prices

Land registry data shows three sales for 15 BACCHUS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 15 BACCHUS LANE 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
2021 26 MAR	£307,500	£274,727	12% above HPI
2018 16 JUL	£328,500	£264,728	24% above HPI
2016 16 DEC	£313,995	£245,556	28% above HPI

15 BACCHUS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 15 BACCHUS LANE sales between December 2016 and March 2021 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 2018 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2021 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 15 BACCHUS LANE be worth now?

15 BACCHUS LANE might now be worth an estimated £387,729.

This is based on house price inflation of 26.1%, between March 2021 and March 2025, for semi-detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.1% inflationary increase is applied to the most recent sale price for 15 BACCHUS LANE of £307,500 on 26th March 2021. For the value to have increased from £307,500 to £387,729 over the four years to March 2025, the following assumptions must hold true:

• The value of 15 BACCHUS LANE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The March 2021 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 15 BACCHUS LANE has not materially changed since March 2021.

How Large is 15 BACCHUS LANE?

15 BACCHUS LANE is 78m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 15 BACCHUS LANE lies on this distribution: 10% of semi-detached houses houses are smaller than 15 BACCHUS LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

15 BACCHUS LANE: Plot and Title Map

15 BACCHUS LANE sits on a plot of roughly 0.028 of an acre, or 113m². The below map shows the location of 15 BACCHUS LANE, 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 15 BACCHUS LANE). 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 15 BACCHUS LANE?

15 BACCHUS LANE is located in FAIRFIELDS, in the MK11 postcode district. The below map shows the position of No. 15 on BACCHUS LANE.