27, THE OVAL, OLDBROOK, MILTON KEYNES, MK6 2TP - £485,000

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

27 THE OVAL is a midsized extended detached house of 127m², built sometime between 1996 and 2002. It was last sold for £485,000 in March 2023, which was around 5% below the average March 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

27 THE OVAL Sold Prices

Land registry data shows three sales for 27 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. One of the three 27 THE OVAL sales was for below the average price, whilst two 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
2023 30 MAR	£485,000	£512,125	5% below HPI
1999 6 AUG	£125,000	£118,068	6% above HPI
1997 25 APR	£119,950	£88,171	36% above HPI

27 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 27 THE OVAL sales between April 1997 and March 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 August 1999 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 27 THE OVAL?

27 THE OVAL is 127m², which includes one extension, according to the EPC inspection conducted in March 2019. 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 27 THE OVAL lies on this distribution: 54% of detached houses are smaller than 27 THE OVAL, and 45% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

27 THE OVAL: Plot and Title Map

27 THE OVAL sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 27 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 27 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 27 THE OVAL?

27 THE OVAL is located in OLDBROOK, in the MK6 postcode district. The below map shows the position of No. 27 on THE OVAL.