3, SOUTHCOTT WAY, ASHLAND, MILTON KEYNES, MK6 4AL - £305,000

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

3 SOUTHCOTT WAY is a midsized detached house of 115m², built sometime between 2007 and 2011. It was last sold for £305,000 in October 2016, which was around 25% below the average October 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2020, where the current energy rating was A, and the potential energy rating was A.

3 SOUTHCOTT WAY Sold Prices

Land registry data shows two sales for 3 SOUTHCOTT 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 3 SOUTHCOTT 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
2016 7 OCT	£305,000	£404,914	25% below HPI
2007 25 OCT	£289,950	£309,178	6% below HPI

3 SOUTHCOTT 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 3 SOUTHCOTT WAY sales from October 2007 and October 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 October 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 SOUTHCOTT WAY?

3 SOUTHCOTT WAY is 115m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 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 3 SOUTHCOTT WAY lies on this distribution: 42% of detached houses are smaller than 3 SOUTHCOTT WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 SOUTHCOTT WAY: Plot and Title Map

3 SOUTHCOTT WAY sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 3 SOUTHCOTT 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 3 SOUTHCOTT 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 3 SOUTHCOTT WAY?

3 SOUTHCOTT WAY is located in ASHLAND, in the MK6 postcode district. The below map shows the position of No. 3 on SOUTHCOTT WAY.