46, BROUGHTON GROUNDS LANE, BROOKLANDS, MILTON KEYNES, MK10 7FJ - £295,000

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.

46 BROUGHTON GROUNDS LANE is a very small terraced house of 70m², built in 2012, which could now be worth an estimated £357,883. It was last sold for £295,000 in April 2018, which was around 35% above the average April 2018 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was February 2014, where the current energy rating was B, and the potential energy rating was B.

46 BROUGHTON GROUNDS LANE Sold Prices

Land registry data shows two sales for 46 BROUGHTON GROUNDS 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. Both of the two 46 BROUGHTON GROUNDS 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
2018 26 APR	£295,000	£218,716	35% above HPI
2014 28 FEB	£187,500	£152,184	23% above HPI

46 BROUGHTON GROUNDS 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 46 BROUGHTON GROUNDS LANE sales from February 2014 and April 2018 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 2014 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the April 2018 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 46 BROUGHTON GROUNDS LANE be worth now?

46 BROUGHTON GROUNDS LANE might now be worth an estimated £357,883.

This is based on house price inflation of 21.3%, between April 2018 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 21.3% inflationary increase is applied to the most recent sale price for 46 BROUGHTON GROUNDS LANE of £295,000 on 26th April 2018. For the value to have increased from £295,000 to £357,883 over the eight years to April 2026, the following assumptions must hold true:

• The value of 46 BROUGHTON GROUNDS LANE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The April 2018 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 46 BROUGHTON GROUNDS LANE has not materially changed since April 2018.

How Large is 46 BROUGHTON GROUNDS LANE?

46 BROUGHTON GROUNDS LANE is 70m² according to the EPC inspection conducted in February 2014. 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 46 BROUGHTON GROUNDS LANE lies on this distribution: 5% of terraced houses houses are smaller than 46 BROUGHTON GROUNDS LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

46 BROUGHTON GROUNDS LANE: Plot and Title Map

46 BROUGHTON GROUNDS LANE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 46 BROUGHTON GROUNDS 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 46 BROUGHTON GROUNDS 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 46 BROUGHTON GROUNDS LANE?

46 BROUGHTON GROUNDS LANE is located in BROOKLANDS, in the MK10 postcode district. The below map shows the position of No. 46 on BROUGHTON GROUNDS LANE.