40, GATEWICK LANE, CALDECOTTE, MILTON KEYNES, MK7 8LJ - £590,000

40 GATEWICK LANE is a large extended detached house of 149m², built sometime between 1996 and 2002. It was last sold for £590,000 in November 2021, which was around 23% above the average November 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

40 GATEWICK LANE Sold Prices

Land registry data shows two sales for 40 GATEWICK 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 40 GATEWICK 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
2021 26 NOV	£590,000	£479,135	23% above HPI
1998 22 MAY	£155,950	£102,848	52% above HPI

40 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 two 40 GATEWICK LANE sales from May 1998 and November 2021 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 1998 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the November 2021 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 40 GATEWICK LANE?

40 GATEWICK LANE is 149m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 30% 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 40 GATEWICK LANE lies on this distribution: 73% of detached houses are smaller than 40 GATEWICK LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

40 GATEWICK LANE: Plot and Title Map

40 GATEWICK LANE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 40 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 40 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 40 GATEWICK LANE?

40 GATEWICK LANE is located in CALDECOTTE, in the MK7 postcode district. The below map shows the position of No. 40 on GATEWICK LANE.