29, RAFT WAY, OXLEY PARK, MILTON KEYNES, MK4 4TW - £205,000

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

29 RAFT WAY is a small extended detached house of 91m², built sometime from 2007 onwards. It was last sold for £205,000 in October 2010, which was around 25% below the average October 2010 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

29 RAFT WAY Sold Prices

Land registry data shows two sales for 29 RAFT WAY 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 29 RAFT WAY 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
2010 29 OCT	£205,000	£272,335	25% below HPI
2008 27 FEB	£217,202	£299,126	27% below HPI

29 RAFT WAY 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 29 RAFT WAY sales from February 2008 and October 2010 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 February 2008 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2010 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 29 RAFT WAY?

29 RAFT WAY is 91m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% 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 29 RAFT WAY lies on this distribution: 20% of detached houses are smaller than 29 RAFT WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

29 RAFT WAY: Plot and Title Map

29 RAFT WAY sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 29 RAFT WAY, 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 29 RAFT WAY). 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 29 RAFT WAY?

29 RAFT WAY is located in OXLEY PARK, in the MK4 postcode district. The below map shows the position of No. 29 on RAFT WAY.