16, LAVENDER HILL, BROUGHTON, MILTON KEYNES, MK10 7AA - £280,000

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.

16 LAVENDER HILL is a very small semi-detached house of 79m², built in 2011, which could now be worth an estimated £357,123. It was last sold for £280,000 in August 2017, which was around 9% above the average August 2017 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2011, where the current energy rating was B, and the potential energy rating was B.

16 LAVENDER HILL Sold Prices

Land registry data shows two sales for 16 LAVENDER HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 16 LAVENDER HILL 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
2017 11 AUG	£280,000	£257,924	9% above HPI
2011 22 DEC	£209,995	£166,908	26% above HPI

16 LAVENDER HILL 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 two 16 LAVENDER HILL sales from December 2011 and August 2017 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 December 2011 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2017 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 16 LAVENDER HILL be worth now?

16 LAVENDER HILL might now be worth an estimated £357,123.

This is based on house price inflation of 27.5%, between August 2017 and May 2026, 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 27.5% inflationary increase is applied to the most recent sale price for 16 LAVENDER HILL of £280,000 on 11th August 2017. For the value to have increased from £280,000 to £357,123 over the nine years and three months to May 2026, the following assumptions must hold true:

• The value of 16 LAVENDER HILL has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The August 2017 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LAVENDER HILL has not materially changed since August 2017.

How Large is 16 LAVENDER HILL?

16 LAVENDER HILL is 79m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 20% 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 16 LAVENDER HILL lies on this distribution: 10% of semi-detached houses houses are smaller than 16 LAVENDER HILL, and 89% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 LAVENDER HILL: Plot and Title Map

16 LAVENDER HILL sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 16 LAVENDER HILL, 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 16 LAVENDER HILL). 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 16 LAVENDER HILL?

16 LAVENDER HILL is located in BROUGHTON, in the MK10 postcode district. The below map shows the position of No. 16 on LAVENDER HILL.