32, LICHFIELD DOWN, WALNUT TREE, MILTON KEYNES, MK7 7BX - £68,000

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.

32 LICHFIELD DOWN is a small flat of 47m², built sometime between 1991 and 1995, which could now be worth an estimated £76,002. It was last sold for £68,000 in December 2016, which was around 53% below the average December 2016 flat price in the Milton Keynes local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

32 LICHFIELD DOWN Sold Prices

Land registry data shows four sales for 32 LICHFIELD DOWN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Milton Keynes local authority area for the corresponding sale date. All of the four 32 LICHFIELD DOWN 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 16 DEC	£68,000	£144,539	53% below HPI
2004 17 DEC	£44,500	£101,669	56% below HPI
2004 11 MAR	£38,000	£90,580	58% below HPI
2000 7 JUL	£26,000	£48,349	46% below HPI

What might 32 LICHFIELD DOWN be worth now?

32 LICHFIELD DOWN might now be worth an estimated £76,002.

This is based on house price inflation of 11.8%, between December 2016 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 11.8% inflationary increase is applied to the most recent sale price for 32 LICHFIELD DOWN of £68,000 on 16th December 2016. For the value to have increased from £68,000 to £76,002 over the ten years and eight months to April 2026, the following assumptions must hold true:

• The value of 32 LICHFIELD DOWN has moved in line with the HPI for flats in the Milton Keynes local authority area.
• The December 2016 sale price of £68,000 represented a fair market value for the property.
• The size, condition, and specification of 32 LICHFIELD DOWN has not materially changed since December 2016.

How Large is 32 LICHFIELD DOWN?

32 LICHFIELD DOWN is 47m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% of flats in Milton Keynes, based on EPC data. 21% of flats are smaller than 32 LICHFIELD DOWN, and 76% of flats are larger. Note that EPC data is not available for all properties in Milton Keynes.

32 LICHFIELD DOWN: Plot

32 LICHFIELD DOWN sits on a plot of roughly 0.278 of an acre, or 1,125m².

Where is 32 LICHFIELD DOWN?

32 LICHFIELD DOWN is located in WALNUT TREE, in the MK7 postcode district.