40, LOCKWOOD CHASE, OXLEY PARK, MILTON KEYNES, MK4 4ER - £440,000

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

40 LOCKWOOD CHASE is a small detached house of 109m², built sometime from 2007 onwards. It was last sold for £440,000 in April 2018, which was about the average April 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

40 LOCKWOOD CHASE Sold Prices

Land registry data shows two sales for 40 LOCKWOOD CHASE 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. One of the two 40 LOCKWOOD CHASE sales was roughly equal to the average price, whilst the other was 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
2018 26 APR	£440,000	£440,402	Close to HPI
2007 20 DEC	£317,500	£302,780	5% above HPI

40 LOCKWOOD CHASE 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 40 LOCKWOOD CHASE sales from December 2007 and April 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 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 40 LOCKWOOD CHASE?

40 LOCKWOOD CHASE is 109m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% 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 40 LOCKWOOD CHASE lies on this distribution: 36% of detached houses are smaller than 40 LOCKWOOD CHASE, and 63% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

40 LOCKWOOD CHASE: Plot and Title Map

40 LOCKWOOD CHASE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 40 LOCKWOOD CHASE, 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 40 LOCKWOOD CHASE). 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 40 LOCKWOOD CHASE?

40 LOCKWOOD CHASE is located in OXLEY PARK, in the MK4 postcode district. The below map shows the position of No. 40 on LOCKWOOD CHASE.