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

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

2 MILL ROAD is a small detached house of 111m², built sometime between 1983 and 1990. It was last sold for £582,500 in February 2023, which was around 28% 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	£805,931	28% below HPI
2013 22 MAY	£325,000	£506,911	36% below HPI
2004 16 APR	£322,500	£384,067	16% 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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

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 in Oakley, based on EPC data. The below chart shows the distribution of detached houses by size in Oakley, and where 2 MILL ROAD lies on this distribution: 23% of detached houses are smaller than 2 MILL ROAD, and 77% 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.