14, MERMAN RISE, OXLEY PARK, MILTON KEYNES, MK4 4GS - £575,000

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.

14 MERMAN RISE is a very large detached house of 212m², built sometime between 2003 and 2006, which could now be worth an estimated £772,309. It was last sold for £575,000 in March 2016, which was around 37% above the average March 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

14 MERMAN RISE Sold Prices

Land registry data shows two sales for 14 MERMAN RISE 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 14 MERMAN RISE 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
2016 18 MAR	£575,000	£420,970	37% above HPI
2007 21 MAR	£467,995	£284,296	65% above HPI

14 MERMAN RISE 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 14 MERMAN RISE sales from March 2007 and March 2016 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 2007 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the March 2016 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 14 MERMAN RISE be worth now?

14 MERMAN RISE might now be worth an estimated £772,309.

This is based on house price inflation of 34.3%, between March 2016 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 34.3% inflationary increase is applied to the most recent sale price for 14 MERMAN RISE of £575,000 on 18th March 2016. For the value to have increased from £575,000 to £772,309 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 14 MERMAN RISE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The March 2016 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MERMAN RISE has not materially changed since March 2016.

How Large is 14 MERMAN RISE?

14 MERMAN RISE is 212m² according to the EPC inspection conducted in November 2015. This puts it in the largest 10% 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 14 MERMAN RISE lies on this distribution: 93% of detached houses houses are smaller than 14 MERMAN RISE, and 7% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

14 MERMAN RISE: Plot and Title Map

14 MERMAN RISE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 14 MERMAN RISE, 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 14 MERMAN RISE). 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 14 MERMAN RISE?

14 MERMAN RISE is located in OXLEY PARK, in the MK4 postcode district. The below map shows the position of No. 14 on MERMAN RISE.