2, LUCY LANE, LOUGHTON, MILTON KEYNES, MK5 8EP - £650,000

2 LUCY LANE is a midsized extended detached house of 114m², built sometime between 1996 and 2002. It was last sold for £650,000 in November 2023, which was around 24% above the average November 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

2 LUCY LANE Sold Prices

Land registry data shows two sales for 2 LUCY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 2 LUCY 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
2023 28 NOV	£650,000	£524,248	24% above HPI
1999 5 JAN	£161,000	£108,106	49% above HPI

2 LUCY LANE 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 two 2 LUCY LANE sales from January 1999 and November 2023 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 January 1999 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the November 2023 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 2 LUCY LANE?

2 LUCY LANE is 114m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 50% 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 2 LUCY LANE lies on this distribution: 41% of detached houses are smaller than 2 LUCY LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 LUCY LANE: Plot and Title Map

2 LUCY LANE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 2 LUCY 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 2 LUCY 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 2 LUCY LANE?

2 LUCY LANE is located in LOUGHTON, in the MK5 postcode district. The below map shows the position of No. 2 on LUCY LANE.