26, LUCIUS LANE, FAIRFIELDS, MILTON KEYNES, MK11 4AN - £221,000

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.

26 LUCIUS LANE is a very small terraced house of 46m², built in 2016, which could now be worth an estimated £274,451. It was last sold for £221,000 in July 2017, which was around 3% above the average July 2017 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was A.

26 LUCIUS LANE Sold Prices

Land registry data shows two sales for 26 LUCIUS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. One of the two 26 LUCIUS LANE sales was for above the average price, whilst the other was 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
2017 7 JUL	£221,000	£213,662	3% above HPI
2016 27 MAY	£200,995	£204,523	2% below HPI

26 LUCIUS LANE 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 two 26 LUCIUS LANE sales from May 2016 and July 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 May 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2017 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 26 LUCIUS LANE be worth now?

26 LUCIUS LANE might now be worth an estimated £274,451.

This is based on house price inflation of 24.2%, between July 2017 and April 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 24.2% inflationary increase is applied to the most recent sale price for 26 LUCIUS LANE of £221,000 on 7th July 2017. For the value to have increased from £221,000 to £274,451 over the nine years and three months to April 2026, the following assumptions must hold true:

• The value of 26 LUCIUS LANE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The July 2017 sale price of £221,000 represented a fair market value for the property.
• The size, condition, and specification of 26 LUCIUS LANE has not materially changed since July 2017.

How Large is 26 LUCIUS LANE?

26 LUCIUS LANE is 46m² according to the EPC inspection conducted in May 2016. 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 26 LUCIUS LANE lies on this distribution: Less than 1% of terraced houses houses are smaller than 26 LUCIUS LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

26 LUCIUS LANE: Plot and Title Map

26 LUCIUS LANE sits on a plot of roughly 0.013 of an acre, or 54m². The below map shows the location of 26 LUCIUS 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 26 LUCIUS 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 26 LUCIUS LANE?

26 LUCIUS LANE is located in FAIRFIELDS, in the MK11 postcode district. The below map shows the position of No. 26 on LUCIUS LANE.