16, LOCKHART AVENUE, OXLEY PARK, MILTON KEYNES, MK4 4TY - £312,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 LOCKHART AVENUE is a small detached house of 111m², built sometime from 2007 onwards. It was last sold for £312,500 in December 2019, which was around 28% below the average December 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

16 LOCKHART AVENUE Sold Prices

Land registry data shows three sales for 16 LOCKHART AVENUE 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 16 LOCKHART AVENUE 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
2019 20 DEC	£312,500	£431,384	28% below HPI
2019 16 DEC	£320,000	£431,384	26% below HPI
2007 30 NOV	£249,995	£306,776	19% below HPI

16 LOCKHART AVENUE 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 16 LOCKHART AVENUE sales between November 2007 and December 2019 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 December 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 16 LOCKHART AVENUE?

16 LOCKHART AVENUE is 111m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% 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 16 LOCKHART AVENUE lies on this distribution: 38% of detached houses are smaller than 16 LOCKHART AVENUE, and 61% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 LOCKHART AVENUE: Plot and Title Map

16 LOCKHART AVENUE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 16 LOCKHART AVENUE, 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 16 LOCKHART AVENUE). 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 16 LOCKHART AVENUE?

16 LOCKHART AVENUE is located in OXLEY PARK, in the MK4 postcode district. The below map shows the position of No. 16 on LOCKHART AVENUE.