18, THE HYTHE, TWO MILE ASH, MILTON KEYNES, MK8 8PB - £238,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

18 THE HYTHE is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £238,000 in October 2011, which was around 15% below the average October 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

18 THE HYTHE Sold Prices

Land registry data shows four sales for 18 THE HYTHE 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 18 THE HYTHE 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
2011 21 OCT	£238,000	£280,439	15% below HPI
2008 4 AUG	£249,995	£285,491	12% below HPI
1999 1 JUL	£103,000	£115,544	11% below HPI
1997 29 AUG	£87,995	£94,836	7% below HPI

18 THE HYTHE 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 18 THE HYTHE sales between August 1997 and October 2011 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2011 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 18 THE HYTHE?

18 THE HYTHE is 84m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 20% 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 THE HYTHE lies on this distribution: 14% of detached houses are smaller than 18 THE HYTHE, and 86% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

18 THE HYTHE: Plot and Title Map

18 THE HYTHE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 18 THE HYTHE, 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 THE HYTHE). 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 THE HYTHE?

18 THE HYTHE is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 18 on THE HYTHE.