15, PARKWAY, WOBURN SANDS, MILTON KEYNES, MK17 8UH - £780,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 PARKWAY is a large extended detached house of 144m², built sometime between 1950 and 1966, which could now be worth an estimated £978,251. It was last sold for £780,000 in June 2020, which was around 78% above the average June 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was D.

15 PARKWAY Sold Prices

Land registry data shows three sales for 15 PARKWAY 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 15 PARKWAY 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
2020 5 JUN	£780,000	£438,040	78% above HPI
2013 1 NOV	£533,500	£307,613	73% above HPI
1999 25 JUN	£165,000	£117,941	40% above HPI

15 PARKWAY 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 15 PARKWAY sales between June 1999 and June 2020 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 November 2013 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the June 2020 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might 15 PARKWAY be worth now?

15 PARKWAY might now be worth an estimated £978,251.

This is based on house price inflation of 25.4%, between June 2020 and December 2024, 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 25.4% inflationary increase is applied to the most recent sale price for 15 PARKWAY of £780,000 on 5th June 2020. For the value to have increased from £780,000 to £978,251 over the three years and six months to December 2024, the following assumptions must hold true:

• The value of 15 PARKWAY has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2020 sale price of £780,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PARKWAY has not materially changed since June 2020.

How Large is 15 PARKWAY?

15 PARKWAY is 144m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the largest 40% of detached houses houses in Woburn Sands, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woburn Sands, and where 15 PARKWAY lies on this distribution: 61% of detached houses houses are smaller than 15 PARKWAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Woburn Sands.

15 PARKWAY: Plot and Title Map

15 PARKWAY sits on a plot of roughly 0.232 of an acre, or 938m². The below map shows the location of 15 PARKWAY, 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 15 PARKWAY). 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 15 PARKWAY?

15 PARKWAY is located in WOBURN SANDS, in the MK17 postcode district. The below map shows the position of No. 15 on PARKWAY.