1, SOUTHCOTT WAY, ASHLAND, MILTON KEYNES, MK6 4AL - £403,000

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 SOUTHCOTT WAY is a very large extended detached house of 177m², built sometime from 2007 onwards, which could now be worth an estimated £645,088. It was last sold for £403,000 in January 2015, which was around 14% above the average January 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

1 SOUTHCOTT WAY Sold Prices

Land registry data shows two sales for 1 SOUTHCOTT WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 1 SOUTHCOTT 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
2015 23 JAN	£403,000	£353,232	14% above HPI
2008 29 FEB	£400,000	£309,191	29% above HPI

1 SOUTHCOTT 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 two 1 SOUTHCOTT WAY sales from February 2008 and January 2015 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 February 2008 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the January 2015 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 1 SOUTHCOTT WAY be worth now?

1 SOUTHCOTT WAY might now be worth an estimated £645,088.

This is based on house price inflation of 60.1%, between January 2015 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 60.1% inflationary increase is applied to the most recent sale price for 1 SOUTHCOTT WAY of £403,000 on 23rd January 2015. For the value to have increased from £403,000 to £645,088 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 SOUTHCOTT WAY has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The January 2015 sale price of £403,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SOUTHCOTT WAY has not materially changed since January 2015.

How Large is 1 SOUTHCOTT WAY?

1 SOUTHCOTT WAY is 177m², which includes one extension, according to the EPC inspection conducted in January 2014. 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 SOUTHCOTT WAY lies on this distribution: 85% of detached houses houses are smaller than 1 SOUTHCOTT WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 SOUTHCOTT WAY: Plot and Title Map

1 SOUTHCOTT WAY sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 1 SOUTHCOTT 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 SOUTHCOTT 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 SOUTHCOTT WAY?

1 SOUTHCOTT WAY is located in ASHLAND, in the MK6 postcode district. The below map shows the position of No. 1 on SOUTHCOTT WAY.