40, LICHFIELD DOWN, WALNUT TREE, MILTON KEYNES, MK7 7BX - £90,000

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.

40 LICHFIELD DOWN is a large flat of 66m², built sometime between 1983 and 1990, which could now be worth an estimated £83,072. It was last sold for £90,000 in November 2022, which was around 49% below the average November 2022 flat price in the Milton Keynes local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

40 LICHFIELD DOWN Sold Prices

Land registry data shows two sales for 40 LICHFIELD DOWN 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 40 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
2022 17 NOV	£90,000	£175,020	49% below HPI
1999 18 JUN	£24,000	£39,921	40% below HPI

What might 40 LICHFIELD DOWN be worth now?

40 LICHFIELD DOWN might now be worth an estimated £83,072.

This is based on house price deflation of 7.7%, between November 2022 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 7.7% deflationary decrease is applied to the most recent sale price for 40 LICHFIELD DOWN of £90,000 on 17th November 2022. For the value to have decreased from £90,000 to £83,072 over the four years and seven months to April 2026, the following assumptions must hold true:

• The value of 40 LICHFIELD DOWN has moved in line with the HPI for flats in the Milton Keynes local authority area.
• The November 2022 sale price of £90,000 represented a fair market value for the property.
• The size, condition, and specification of 40 LICHFIELD DOWN has not materially changed since November 2022.

How Large is 40 LICHFIELD DOWN?

40 LICHFIELD DOWN is 66m² according to the EPC inspection conducted in August 2021. This puts it in the largest 30% of flats in Milton Keynes, based on EPC data. 71% of flats are smaller than 40 LICHFIELD DOWN, and 27% of flats are larger. Note that EPC data is not available for all properties in Milton Keynes.

40 LICHFIELD DOWN: Plot

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

Where is 40 LICHFIELD DOWN?

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