7, MILL LANE, WOOLSTONE, MILTON KEYNES, MK15 0AJ - £500,000

7 MILL LANE is a very large extended detached house of 399m², built sometime before 1900. It was last sold for £500,000 in April 2004, which was around 111% above the average April 2004 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

7 MILL LANE Sold Prices

Land registry data shows two sales for 7 MILL 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 7 MILL 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
2004 16 APR	£500,000	£236,806	111% above HPI
1998 16 DEC	£275,000	£108,408	154% above HPI

7 MILL 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 7 MILL LANE sales from December 1998 and April 2004 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 December 1998 sale was for 154% above the HPI. So the extrapolation line tracks at 154% above the HPI over time, until the April 2004 sale, where it falls to 111% above the HPI. The line then continues to track at 111% above the HPI.

How Large is 7 MILL LANE?

7 MILL LANE is 399m², which includes three extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 10% 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 7 MILL LANE lies on this distribution: More than 99% of detached houses are smaller than 7 MILL LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 MILL LANE: Plot and Title Map

7 MILL LANE sits on a plot of roughly 0.203 of an acre, or 822m². The below map shows the location of 7 MILL 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 7 MILL 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 7 MILL LANE?

7 MILL LANE is located in WOOLSTONE, in the MK15 postcode district. The below map shows the position of No. 7 on MILL LANE.