3, PARKWAY, WOBURN SANDS, MILTON KEYNES, MK17 8UH - £638,000

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

3 PARKWAY is a small extended detached house of 111m², built sometime between 1950 and 1966. It was last sold for £638,000 in August 2022, which was around 24% above the average August 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2022, where the current energy rating was B, and the potential energy rating was B.

3 PARKWAY Sold Prices

Land registry data shows three sales for 3 PARKWAY 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 3 PARKWAY 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
2022 9 AUG	£638,000	£514,949	24% above HPI
2004 13 DEC	£380,000	£254,350	49% above HPI
2002 26 JUN	£200,000	£186,552	7% above HPI

3 PARKWAY 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 3 PARKWAY sales between June 2002 and August 2022 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 December 2004 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the August 2022 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 3 PARKWAY?

3 PARKWAY is 111m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of detached houses in Woburn Sands, based on EPC data. The below chart shows the distribution of detached houses by size in Woburn Sands, and where 3 PARKWAY lies on this distribution: 28% of detached houses are smaller than 3 PARKWAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Woburn Sands.

3 PARKWAY: Plot and Title Map

3 PARKWAY sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 3 PARKWAY, 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 3 PARKWAY). 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 3 PARKWAY?

3 PARKWAY is located in WOBURN SANDS, in the MK17 postcode district. The below map shows the position of No. 3 on PARKWAY.