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
32 OXMAN LANE is a very small extended detached house of 81m², built sometime between 1983 and 1990. It was last sold for £307,500 in January 2018, which was around 29% below the average January 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 32 OXMAN LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 32 OXMAN LANE 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 |
---|---|---|---|
2018 26 JAN | £307,500 | £435,652 | 29% below HPI |
2011 7 DEC | £182,000 | £280,093 | 35% below HPI |
2000 28 JUL | £92,500 | £139,860 | 34% below HPI |
1999 15 OCT | £84,000 | £125,173 | 33% below HPI |
1997 11 SEP | £68,000 | £95,580 | 29% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The five 32 OXMAN LANE sales between September 1997 and January 2018 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 2011 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2018 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.
32 OXMAN LANE is 81m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% 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 32 OXMAN LANE lies on this distribution: 12% of detached houses are smaller than 32 OXMAN LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
32 OXMAN LANE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 32 OXMAN LANE, 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 32 OXMAN LANE). 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.
32 OXMAN LANE is located in GREENLEYS, in the MK12 postcode district. The below map shows the position of No. 32 on OXMAN LANE.