1, OBERON WAY, OXLEY PARK, MILTON KEYNES, MK4 4TU - £565,000

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 OBERON WAY is a very large detached house of 183m², built sometime between 1996 and 2002, which could now be worth an estimated £645,048. It was last sold for £565,000 in November 2021, which was around 14% above the average November 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

1 OBERON WAY Sold Prices

Land registry data shows four sales for 1 OBERON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 1 OBERON 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
2021 12 NOV	£565,000	£495,257	14% above HPI
2018 19 JAN	£530,000	£450,310	18% above HPI
2014 26 JUN	£388,000	£334,623	16% above HPI
2007 27 JUL	£397,750	£301,685	32% above HPI

1 OBERON 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 four 1 OBERON WAY sales between July 2007 and November 2021 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 January 2018 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 1 OBERON WAY be worth now?

1 OBERON WAY might now be worth an estimated £645,048.

This is based on house price inflation of 14.2%, between November 2021 and February 2025, for detached houses, 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 14.2% inflationary increase is applied to the most recent sale price for 1 OBERON WAY of £565,000 on 12th November 2021. For the value to have increased from £565,000 to £645,048 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 OBERON WAY has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The November 2021 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OBERON WAY has not materially changed since November 2021.

How Large is 1 OBERON WAY?

1 OBERON WAY is 183m² according to the EPC inspection conducted in February 2021. This puts it in the largest 20% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 1 OBERON WAY lies on this distribution: 87% of detached houses houses are smaller than 1 OBERON WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 OBERON WAY: Plot and Title Map

1 OBERON WAY sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 1 OBERON 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 1 OBERON 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 1 OBERON WAY?

1 OBERON WAY is located in OXLEY PARK, in the MK4 postcode district. The below map shows the position of No. 1 on OBERON WAY.