23, RAFT WAY, OXLEY PARK, MILTON KEYNES, MK4 4TW - £480,000

23 RAFT WAY is a large detached house of 163m², built sometime from 2007 onwards. It was last sold for £480,000 in November 2017, which was around 9% above the average November 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

23 RAFT WAY Sold Prices

Land registry data shows three sales for 23 RAFT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 23 RAFT WAY 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
2017 13 NOV	£480,000	£440,141	9% above HPI
2014 17 APR	£365,000	£312,504	17% above HPI
2008 28 MAR	£350,000	£303,366	15% above HPI

23 RAFT WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 23 RAFT WAY sales between March 2008 and November 2017 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 April 2014 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2017 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 23 RAFT WAY?

23 RAFT WAY is 163m² according to the EPC inspection conducted in June 2012. This puts it in the largest 30% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 23 RAFT WAY lies on this distribution: 79% of detached houses are smaller than 23 RAFT WAY, and 21% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

23 RAFT WAY: Plot and Title Map

23 RAFT WAY sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 23 RAFT WAY, 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 23 RAFT WAY). 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 23 RAFT WAY?

23 RAFT WAY is located in OXLEY PARK, in the MK4 postcode district. The below map shows the position of No. 23 on RAFT WAY.