43, LOCKHART AVENUE, OXLEY PARK, MILTON KEYNES, MK4 4TY - £505,000

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

43 LOCKHART AVENUE is a very large detached house of 186m², built sometime from 2007 onwards. It was last sold for £505,000 in August 2020, which was around 15% above the average August 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

43 LOCKHART AVENUE Sold Prices

Land registry data shows two sales for 43 LOCKHART AVENUE 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 43 LOCKHART AVENUE 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
2020 21 AUG	£505,000	£438,618	15% above HPI
2008 7 NOV	£395,000	£259,592	52% above HPI

43 LOCKHART AVENUE 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 43 LOCKHART AVENUE sales from November 2008 and August 2020 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 November 2008 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the August 2020 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 43 LOCKHART AVENUE?

43 LOCKHART AVENUE is 186m² according to the EPC inspection conducted in February 2019. This puts it in the largest 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 43 LOCKHART AVENUE lies on this distribution: 88% of detached houses are smaller than 43 LOCKHART AVENUE, and 12% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

43 LOCKHART AVENUE: Plot and Title Map

43 LOCKHART AVENUE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 43 LOCKHART AVENUE, 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 43 LOCKHART AVENUE). 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 43 LOCKHART AVENUE?

43 LOCKHART AVENUE is located in OXLEY PARK, in the MK4 postcode district. The below map shows the position of No. 43 on LOCKHART AVENUE.