18, SWANSON DRIVE, OXLEY PARK, MILTON KEYNES, MK4 4GW - £215,000

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

18 SWANSON DRIVE is a very small detached house of 60m², built sometime between 1996 and 2002. It was last sold for £215,000 in November 2017, which was around 51% below the average November 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

18 SWANSON DRIVE Sold Prices

Land registry data shows two sales for 18 SWANSON DRIVE 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 18 SWANSON DRIVE 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
2017 1 NOV	£215,000	£440,141	51% below HPI
2007 21 DEC	£180,000	£302,780	41% below HPI

18 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 two 18 SWANSON DRIVE sales from December 2007 and November 2017 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 2007 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2017 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 18 SWANSON DRIVE?

18 SWANSON DRIVE is 60m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% 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 18 SWANSON DRIVE lies on this distribution: 2% of detached houses are smaller than 18 SWANSON DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

18 SWANSON DRIVE: Plot and Title Map

18 SWANSON DRIVE sits on a plot of roughly 0.030 of an acre, or 123m². The below map shows the location of 18 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 18 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 18 SWANSON DRIVE?

18 SWANSON DRIVE is located in OXLEY PARK, in the MK4 postcode district. The below map shows the position of No. 18 on SWANSON DRIVE.