23, GATEWICK LANE, CALDECOTTE, MILTON KEYNES, MK7 8LH - £425,000

23 GATEWICK LANE is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £425,000 in April 2022, which was around 14% below the average April 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

23 GATEWICK LANE Sold Prices

Land registry data shows six sales for 23 GATEWICK LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the six 23 GATEWICK LANE 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
2022 25 APR	£425,000	£495,731	14% below HPI
2012 25 SEP	£244,500	£291,714	16% below HPI
2004 20 JUL	£217,000	£248,985	13% below HPI
2003 11 JUL	£194,000	£224,157	13% below HPI
2001 30 AUG	£139,995	£165,858	16% below HPI
1996 4 MAR	£75,995	£84,032	10% below HPI

23 GATEWICK 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 six 23 GATEWICK LANE sales between March 1996 and April 2022 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 September 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 23 GATEWICK LANE?

23 GATEWICK LANE is 81m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 20% 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 23 GATEWICK LANE lies on this distribution: 12% of detached houses are smaller than 23 GATEWICK LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

23 GATEWICK LANE: Plot and Title Map

23 GATEWICK LANE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 23 GATEWICK 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 23 GATEWICK 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 23 GATEWICK LANE?

23 GATEWICK LANE is located in CALDECOTTE, in the MK7 postcode district. The below map shows the position of No. 23 on GATEWICK LANE.