21, LOCKWOOD CHASE, OXLEY PARK, MILTON KEYNES, MK4 4ER - £610,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

21 LOCKWOOD CHASE is a very large extended detached house of 219m², built sometime from 2007 onwards, which could now be worth an estimated £854,769. It was last sold for £610,000 in January 2016, which was around 51% above the average January 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

21 LOCKWOOD CHASE Sold Prices

Land registry data shows two sales for 21 LOCKWOOD CHASE 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 21 LOCKWOOD CHASE 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
2016 15 JAN	£610,000	£403,511	51% above HPI
2008 16 MAY	£474,995	£305,769	55% above HPI

21 LOCKWOOD CHASE 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 21 LOCKWOOD CHASE sales from May 2008 and January 2016 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 2008 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the January 2016 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 21 LOCKWOOD CHASE be worth now?

21 LOCKWOOD CHASE might now be worth an estimated £854,769.

This is based on house price inflation of 40.1%, between January 2016 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.1% inflationary increase is applied to the most recent sale price for 21 LOCKWOOD CHASE of £610,000 on 15th January 2016. For the value to have increased from £610,000 to £854,769 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 21 LOCKWOOD CHASE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The January 2016 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of 21 LOCKWOOD CHASE has not materially changed since January 2016.

How Large is 21 LOCKWOOD CHASE?

21 LOCKWOOD CHASE is 219m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 10% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 21 LOCKWOOD CHASE lies on this distribution: 94% of detached houses houses are smaller than 21 LOCKWOOD CHASE, and 5% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

21 LOCKWOOD CHASE: Plot and Title Map

21 LOCKWOOD CHASE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 21 LOCKWOOD CHASE, 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 21 LOCKWOOD CHASE). 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 21 LOCKWOOD CHASE?

21 LOCKWOOD CHASE is located in OXLEY PARK, in the MK4 postcode district. The below map shows the position of No. 21 on LOCKWOOD CHASE.