53, RAFT WAY, OXLEY PARK, MILTON KEYNES, MK4 4TW - £540,000

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

53 RAFT WAY is a large detached house of 137m², built sometime from 2007 onwards. It was last sold for £540,000 in April 2017, which was around 26% above the average April 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

53 RAFT WAY Sold Prices

Land registry data shows two sales for 53 RAFT 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 53 RAFT WAY 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
2017 7 APR	£540,000	£427,924	26% above HPI
2008 9 MAY	£343,400	£295,816	16% above HPI

53 RAFT 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 53 RAFT WAY sales from May 2008 and April 2017 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 May 2008 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2017 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 53 RAFT WAY?

53 RAFT WAY is 137m² according to the EPC inspection conducted in October 2016. This puts it in the largest 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 53 RAFT WAY lies on this distribution: 63% of detached houses are smaller than 53 RAFT WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

53 RAFT WAY: Plot and Title Map

53 RAFT WAY sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 53 RAFT 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 53 RAFT 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 53 RAFT WAY?

53 RAFT WAY is located in OXLEY PARK, in the MK4 postcode district. The below map shows the position of No. 53 on RAFT WAY.