15, THE LEYS, WOBURN SANDS, MILTON KEYNES, MK17 8QF - £349,000

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

15 THE LEYS is a very small extended detached house of 103m², built sometime before 1900. It was last sold for £349,000 in October 2018, which was around 21% below the average October 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

15 THE LEYS Sold Prices

Land registry data shows four sales for 15 THE LEYS 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 15 THE LEYS sales were for below 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
2018 10 OCT	£349,000	£442,097	21% below HPI
2008 15 AUG	£195,000	£285,491	32% below HPI
1999 31 AUG	£85,000	£118,068	28% below HPI
1997 2 MAY	£64,000	£89,492	28% below HPI

15 THE LEYS 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 15 THE LEYS sales between May 1997 and October 2018 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 August 2008 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2018 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 15 THE LEYS?

15 THE LEYS is 103m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses in Woburn Sands, based on EPC data. The below chart shows the distribution of detached houses by size in Woburn Sands, and where 15 THE LEYS lies on this distribution: 20% of detached houses are smaller than 15 THE LEYS, and 78% of houses are larger. Note that EPC data is not available for all properties in Woburn Sands.

15 THE LEYS: Plot and Title Map

15 THE LEYS sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 15 THE LEYS, 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 THE LEYS). 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 THE LEYS?

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