5, NEW ROAD, DRAYTON PARSLOW, MILTON KEYNES, MK17 0JH - £375,000

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

5 NEW ROAD is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £375,000 in March 2022, which was around 52% below the average March 2022 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

5 NEW ROAD Sold Prices

Land registry data shows four sales for 5 NEW ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the four 5 NEW ROAD 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
2022 16 MAR	£375,000	£782,272	52% below HPI
2002 6 SEP	£175,000	£356,728	51% below HPI
1997 5 SEP	£98,500	£187,384	47% below HPI
1996 21 FEB	£80,000	£148,164	46% below HPI

5 NEW ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The four 5 NEW ROAD sales between February 1996 and March 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 September 2002 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the March 2022 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 5 NEW ROAD?

5 NEW ROAD is 79m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses in Drayton Parslow, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton Parslow, and where 5 NEW ROAD lies on this distribution: Less than 1% of detached houses are smaller than 5 NEW ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Drayton Parslow.

5 NEW ROAD: Plot and Title Map

5 NEW ROAD sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 5 NEW ROAD, 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 5 NEW ROAD). 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 5 NEW ROAD?

5 NEW ROAD is located in DRAYTON PARSLOW, in the MK17 postcode district. The below map shows the position of No. 5 on NEW ROAD.