24, SWANSON DRIVE, OXLEY PARK, MILTON KEYNES, MK4 4GW - £270,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

24 SWANSON DRIVE is a very small extended detached house of 72m², built sometime from 2007 onwards. It was last sold for £270,000 in April 2021, which was around 40% below the average April 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

24 SWANSON DRIVE Sold Prices

Land registry data shows three sales for 24 SWANSON DRIVE 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 24 SWANSON DRIVE 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
2021 15 APR	£270,000	£448,635	40% below HPI
2014 16 JUN	£220,000	£323,731	32% below HPI
2009 30 JUN	£210,000	£252,744	17% below HPI

24 SWANSON DRIVE 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 24 SWANSON DRIVE sales between June 2009 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 June 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 24 SWANSON DRIVE?

24 SWANSON DRIVE is 72m², which includes one extension, according to the EPC inspection conducted in January 2020. 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 24 SWANSON DRIVE lies on this distribution: 6% of detached houses are smaller than 24 SWANSON DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

24 SWANSON DRIVE: Plot and Title Map

24 SWANSON DRIVE sits on a plot of roughly 0.042 of an acre, or 172m². The below map shows the location of 24 SWANSON DRIVE, 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 24 SWANSON DRIVE). 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 24 SWANSON DRIVE?

24 SWANSON DRIVE is located in OXLEY PARK, in the MK4 postcode district. The below map shows the position of No. 24 on SWANSON DRIVE.