24, GATEWICK LANE, CALDECOTTE, MILTON KEYNES, MK7 8LJ - £270,000

24 GATEWICK LANE is a small extended detached house of 105m², built sometime between 1991 and 1995. It was last sold for £270,000 in December 2011, which was around 4% below the average December 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

24 GATEWICK LANE Sold Prices

Land registry data shows three sales for 24 GATEWICK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 24 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
2011 2 DEC	£270,000	£280,093	4% below HPI
1999 4 JUN	£97,000	£114,102	15% below HPI
1996 31 OCT	£81,995	£86,071	5% below HPI

24 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 three 24 GATEWICK LANE sales between October 1996 and December 2011 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 June 1999 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2011 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 24 GATEWICK LANE?

24 GATEWICK LANE is 105m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% 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 24 GATEWICK LANE lies on this distribution: 33% of detached houses are smaller than 24 GATEWICK LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

24 GATEWICK LANE: Plot and Title Map

24 GATEWICK LANE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 24 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 24 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 24 GATEWICK LANE?

24 GATEWICK LANE is located in CALDECOTTE, in the MK7 postcode district. The below map shows the position of No. 24 on GATEWICK LANE.