CORNERWAYS, STOCK LANE, WHADDON, MILTON KEYNES, MK17 0LS - £455,000

CORNERWAYS is a small extended detached house of 138m², built sometime from 2007 onwards. It was last sold for £455,000 in August 2016, which was around 34% below the average August 2016 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

CORNERWAYS Sold Prices

Land registry data shows two sales for CORNERWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. Both of the two CORNERWAYS sales were 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
2016 26 AUG	£455,000	£693,970	34% below HPI
2001 27 JUL	£155,000	£299,766	48% below HPI

CORNERWAYS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The two CORNERWAYS sales from July 2001 and August 2016 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 July 2001 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2016 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 138m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% of detached houses in Whaddon, based on EPC data. The below chart shows the distribution of detached houses by size in Whaddon, and where CORNERWAYS lies on this distribution: 34% of detached houses are smaller than CORNERWAYS, and 66% of houses are larger. Note that EPC data is not available for all properties in Whaddon.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on STOCK LANE in WHADDON, in the MK17 postcode district. The below map shows the position of CORNERWAYS on STOCK LANE.