55, OUSEBANK WAY, STONY STRATFORD, MILTON KEYNES, MK11 1LA - £348,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

55 OUSEBANK WAY is a small extended semi-detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £466,288. It was last sold for £348,000 in July 2016, which was around 38% above the average July 2016 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

55 OUSEBANK WAY Sold Prices

Land registry data shows two sales for 55 OUSEBANK WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. One of the two 55 OUSEBANK WAY sales was for above the average price, whilst the other was 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
2016 7 JUL	£348,000	£251,320	38% above HPI
1996 31 OCT	£45,500	£49,234	8% below HPI

55 OUSEBANK WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 55 OUSEBANK WAY sales from October 1996 and July 2016 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 October 1996 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2016 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 55 OUSEBANK WAY be worth now?

55 OUSEBANK WAY might now be worth an estimated £466,288.

This is based on house price inflation of 34%, between July 2016 and February 2025, for semi-detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34% inflationary increase is applied to the most recent sale price for 55 OUSEBANK WAY of £348,000 on 7th July 2016. For the value to have increased from £348,000 to £466,288 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 55 OUSEBANK WAY has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The July 2016 sale price of £348,000 represented a fair market value for the property.
• The size, condition, and specification of 55 OUSEBANK WAY has not materially changed since July 2016.

How Large is 55 OUSEBANK WAY?

55 OUSEBANK WAY is 94m², which includes two extensions, according to the EPC inspection conducted in May 2010. This puts it in the smallest 30% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 55 OUSEBANK WAY lies on this distribution: 23% of semi-detached houses houses are smaller than 55 OUSEBANK WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

55 OUSEBANK WAY: Plot and Title Map

55 OUSEBANK WAY sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 55 OUSEBANK 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 55 OUSEBANK 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 55 OUSEBANK WAY?

55 OUSEBANK WAY is located in STONY STRATFORD, in the MK11 postcode district. The below map shows the position of No. 55 on OUSEBANK WAY.