2, THE OVAL, OLDBROOK, MILTON KEYNES, MK6 2TY - £153,000

2 THE OVAL is a very small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £153,000 in July 2003, which was around 32% below the average July 2003 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

2 THE OVAL Sold Prices

Land registry data shows three sales for 2 THE OVAL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 2 THE OVAL 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
2003 11 JUL	£153,000	£224,157	32% below HPI
2001 25 OCT	£108,500	£169,972	36% below HPI
1998 19 JUN	£72,200	£104,860	31% below HPI

2 THE OVAL 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 three 2 THE OVAL sales between June 1998 and July 2003 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 October 2001 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2003 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 THE OVAL?

2 THE OVAL is 74m² according to the EPC inspection conducted in September 2018. 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 2 THE OVAL lies on this distribution: 7% of detached houses are smaller than 2 THE OVAL, and 92% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 THE OVAL: Plot and Title Map

2 THE OVAL sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 2 THE OVAL, 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 THE OVAL). 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 THE OVAL?

2 THE OVAL is located in OLDBROOK, in the MK6 postcode district. The below map shows the position of No. 2 on THE OVAL.