56, OXMAN LANE, GREENLEYS, MILTON KEYNES, MK12 6LF - £313,000

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

56 OXMAN LANE is a very small extended detached house of 75m², built sometime between 1983 and 1990. It was last sold for £313,000 in April 2021, which was around 30% below the average April 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

56 OXMAN LANE Sold Prices

Land registry data shows four sales for 56 OXMAN LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 56 OXMAN LANE 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
2021 1 APR	£313,000	£448,635	30% below HPI
2007 4 JUN	£194,000	£290,794	33% below HPI
2004 24 MAR	£140,000	£238,410	41% below HPI
1999 30 APR	£77,500	£110,797	30% below HPI

56 OXMAN LANE 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 four 56 OXMAN LANE sales between April 1999 and April 2021 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 June 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 56 OXMAN LANE?

56 OXMAN LANE is 75m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% 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 56 OXMAN LANE lies on this distribution: 8% of detached houses are smaller than 56 OXMAN LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

56 OXMAN LANE: Plot and Title Map

56 OXMAN LANE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 56 OXMAN LANE, 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 56 OXMAN LANE). 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 56 OXMAN LANE?

56 OXMAN LANE is located in GREENLEYS, in the MK12 postcode district. The below map shows the position of No. 56 on OXMAN LANE.