41, GATEWICK LANE, CALDECOTTE, MILTON KEYNES, MK7 8LH - £365,000

41 GATEWICK LANE is a midsized detached house of 131m², built sometime between 1996 and 2002. It was last sold for £365,000 in May 2013, which was around 27% above the average May 2013 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

41 GATEWICK LANE Sold Prices

Land registry data shows four sales for 41 GATEWICK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 41 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
2013 23 MAY	£365,000	£287,007	27% above HPI
2006 17 FEB	£335,000	£252,812	33% above HPI
2000 1 DEC	£225,000	£150,700	49% above HPI
1997 19 DEC	£154,950	£97,820	58% above HPI

41 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 four 41 GATEWICK LANE sales between December 1997 and May 2013 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 February 2006 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the May 2013 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 41 GATEWICK LANE?

41 GATEWICK LANE is 131m² according to the EPC inspection conducted in December 2012. This puts it in the largest 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 41 GATEWICK LANE lies on this distribution: 58% of detached houses are smaller than 41 GATEWICK LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

41 GATEWICK LANE: Plot and Title Map

41 GATEWICK LANE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 41 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 41 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 41 GATEWICK LANE?

41 GATEWICK LANE is located in CALDECOTTE, in the MK7 postcode district. The below map shows the position of No. 41 on GATEWICK LANE.