34, LICHFIELD DOWN, WALNUT TREE, MILTON KEYNES, MK7 7BX - £50,000

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.

34 LICHFIELD DOWN is a very small flat of 32m², built sometime between 1983 and 1990, which could now be worth an estimated £48,003. It was last sold for £50,000 in May 2023, which was around 70% below the average May 2023 flat price in the Milton Keynes local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

34 LICHFIELD DOWN Sold Prices

Land registry data shows three sales for 34 LICHFIELD DOWN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Milton Keynes local authority area for the corresponding sale date. All of the three 34 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
2023 19 MAY	£50,000	£168,266	70% below HPI
2007 27 FEB	£28,000	£112,350	75% below HPI
2003 9 SEP	£25,000	£86,473	71% below HPI

What might 34 LICHFIELD DOWN be worth now?

34 LICHFIELD DOWN might now be worth an estimated £48,003.

This is based on house price deflation of 4%, between May 2023 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 4% deflationary decrease is applied to the most recent sale price for 34 LICHFIELD DOWN of £50,000 on 19th May 2023. For the value to have decreased from £50,000 to £48,003 over the three years and one month to April 2026, the following assumptions must hold true:

• The value of 34 LICHFIELD DOWN has moved in line with the HPI for flats in the Milton Keynes local authority area.
• The May 2023 sale price of £50,000 represented a fair market value for the property.
• The size, condition, and specification of 34 LICHFIELD DOWN has not materially changed since May 2023.

How Large is 34 LICHFIELD DOWN?

34 LICHFIELD DOWN is 32m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of flats in Milton Keynes, based on EPC data. 3% of flats are smaller than 34 LICHFIELD DOWN, and 96% of flats are larger. Note that EPC data is not available for all properties in Milton Keynes.

34 LICHFIELD DOWN: Plot

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

Where is 34 LICHFIELD DOWN?

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