16, LOWICK PLACE, EMERSON VALLEY, MILTON KEYNES, MK4 2LP - £167,000

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 LOWICK PLACE is a very small terraced house of 54m², built sometime between 1996 and 2002, which could now be worth an estimated £328,773. It was last sold for £167,000 in April 2010, which was around 21% above the average April 2010 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

16 LOWICK PLACE Sold Prices

Land registry data shows three sales for 16 LOWICK PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the three 16 LOWICK PLACE 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
2010 30 APR	£167,000	£137,638	21% above HPI
2006 5 MAY	£158,000	£132,790	19% above HPI
2000 8 SEP	£87,950	£64,768	36% above HPI

16 LOWICK PLACE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 16 LOWICK PLACE sales between September 2000 and April 2010 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 May 2006 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the April 2010 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 16 LOWICK PLACE be worth now?

16 LOWICK PLACE might now be worth an estimated £328,773.

This is based on house price inflation of 96.9%, between April 2010 and May 2026, for terraced 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 96.9% inflationary increase is applied to the most recent sale price for 16 LOWICK PLACE of £167,000 on 30th April 2010. For the value to have increased from £167,000 to £328,773 over the fifteen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 16 LOWICK PLACE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The April 2010 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LOWICK PLACE has not materially changed since April 2010.

How Large is 16 LOWICK PLACE?

16 LOWICK PLACE is 54m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of terraced houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Milton Keynes, and where 16 LOWICK PLACE lies on this distribution: 1% of terraced houses houses are smaller than 16 LOWICK PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 LOWICK PLACE: Plot and Title Map

16 LOWICK PLACE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 16 LOWICK PLACE, 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 LOWICK PLACE). 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 LOWICK PLACE?

16 LOWICK PLACE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 16 on LOWICK PLACE.