2, RAINS ROAD, OXLEY PARK, MILTON KEYNES, MK4 4NE - £465,000

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

2 RAINS ROAD is a midsized detached house of 131m². It was last sold for £465,000 in April 2021, which was around 4% above the average April 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

2 RAINS ROAD Sold Prices

Land registry data shows two sales for 2 RAINS ROAD 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 2 RAINS ROAD sales were for above 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
2021 23 APR	£465,000	£448,635	4% above HPI
2018 30 MAY	£497,995	£437,245	14% above HPI

2 RAINS ROAD 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 2 RAINS ROAD sales from May 2018 and April 2021 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 2018 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 2 RAINS ROAD?

2 RAINS ROAD is 131m² according to the EPC inspection conducted in May 2018. This puts it in the largest 50% 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 2 RAINS ROAD lies on this distribution: 58% of detached houses are smaller than 2 RAINS ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 RAINS ROAD: Plot and Title Map

2 RAINS ROAD sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 2 RAINS 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 RAINS 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 RAINS ROAD?

2 RAINS ROAD is located in OXLEY PARK, in the MK4 postcode district. The below map shows the position of No. 2 on RAINS ROAD.