1, SWANSON DRIVE, OXLEY PARK, MILTON KEYNES, MK4 4GW - £390,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 SWANSON DRIVE is a midsized detached house of 123m², built sometime between 2007 and 2011. It was last sold for £390,000 in September 2022, which was around 25% below the average September 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

1 SWANSON DRIVE Sold Prices

Land registry data shows three sales for 1 SWANSON DRIVE 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. Two of the three 1 SWANSON DRIVE sales were for below the average price, whilst one was 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
2022 26 SEP	£390,000	£521,577	25% below HPI
2021 18 MAR	£342,000	£451,575	24% below HPI
2008 27 JUN	£315,000	£290,473	8% above HPI

1 SWANSON DRIVE 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 1 SWANSON DRIVE sales between June 2008 and September 2022 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 March 2021 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 1 SWANSON DRIVE?

1 SWANSON DRIVE is 123m² according to the EPC inspection conducted in January 2022. This puts it in the largest 50% 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 1 SWANSON DRIVE lies on this distribution: 50% of detached houses are smaller than 1 SWANSON DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 SWANSON DRIVE: Plot and Title Map

1 SWANSON DRIVE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 1 SWANSON DRIVE, 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 SWANSON DRIVE). 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 SWANSON DRIVE?

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