2, MILL ROAD, OAKLEY, AYLESBURY, HP18 9PX - £582,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MILL ROAD is a small detached house of 111m², built sometime between 1983 and 1990, which could now be worth an estimated £587,839. It was last sold for £582,500 in February 2023, which was around 31% below the average February 2023 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

2 MILL ROAD Sold Prices

Land registry data shows three sales for 2 MILL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the three 2 MILL ROAD 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
2023 22 FEB	£582,500	£838,505	31% below HPI
2013 22 MAY	£325,000	£527,400	38% below HPI
2004 16 APR	£322,500	£399,591	19% below HPI

2 MILL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The three 2 MILL ROAD sales between April 2004 and February 2023 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 May 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2023 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2 MILL ROAD be worth now?

2 MILL ROAD might now be worth an estimated £587,839.

This is based on house price inflation of 0.9%, between February 2023 and February 2025, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.9% inflationary increase is applied to the most recent sale price for 2 MILL ROAD of £582,500 on 22nd February 2023. For the value to have increased from £582,500 to £587,839 over the two years to February 2025, the following assumptions must hold true:

• The value of 2 MILL ROAD has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The February 2023 sale price of £582,500 represented a fair market value for the property.
• The size, condition, and specification of 2 MILL ROAD has not materially changed since February 2023.

How Large is 2 MILL ROAD?

2 MILL ROAD is 111m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% of detached houses houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakley, and where 2 MILL ROAD lies on this distribution: 23% of detached houses houses are smaller than 2 MILL ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Oakley.

2 MILL ROAD: Plot and Title Map

2 MILL ROAD sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 2 MILL ROAD, 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 2 MILL ROAD). 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 2 MILL ROAD?

2 MILL ROAD is located in OAKLEY, in the HP18 postcode district. The below map shows the position of No. 2 on MILL ROAD.