1, BACCHUS LANE, FAIRFIELDS, MILTON KEYNES, MK11 4AA - £250,000

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.

1 BACCHUS LANE is a large flat of 64m², built in 2015, which could now be worth an estimated £268,783. It was last sold for £250,000 in December 2018, which was around 66% above the average December 2018 flat price in the Milton Keynes local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was A.

1 BACCHUS LANE Sold Prices

Land registry data shows two sales for 1 BACCHUS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 1 BACCHUS 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 20 DEC	£250,000	£150,258	66% above HPI
2016 21 OCT	£249,995	£142,638	75% above HPI

What might 1 BACCHUS LANE be worth now?

1 BACCHUS LANE might now be worth an estimated £268,783.

This is based on house price inflation of 7.5%, between December 2018 and April 2026, for flats, 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 7.5% inflationary increase is applied to the most recent sale price for 1 BACCHUS LANE of £250,000 on 20th December 2018. For the value to have increased from £250,000 to £268,783 over the eight years and eight months to April 2026, the following assumptions must hold true:

• The value of 1 BACCHUS LANE has moved in line with the HPI for flats in the Milton Keynes local authority area.
• The December 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BACCHUS LANE has not materially changed since December 2018.

How Large is 1 BACCHUS LANE?

1 BACCHUS LANE is 64m² according to the EPC inspection conducted in September 2016. This puts it in the largest 40% of flats in Milton Keynes, based on EPC data. 66% of flats are smaller than 1 BACCHUS LANE, and 31% of flats are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 BACCHUS LANE: Plot

1 BACCHUS LANE sits on a plot of roughly 62.0 acres, or 250,830m².

Where is 1 BACCHUS LANE?

1 BACCHUS LANE is located in FAIRFIELDS, in the MK11 postcode district.