58, RAFT WAY, OXLEY PARK, MILTON KEYNES, MK4 4TX - £1,020,000

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

58 RAFT WAY is a very large detached house of 298m². It was last sold for £1,020,000 in March 2021, which was around 126% above the average March 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2014, where the current energy rating was B, and the potential energy rating was B.

58 RAFT WAY Sold Prices

Land registry data shows two sales for 58 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 58 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
2021 1 MAR	£1,020,000	£451,575	126% above HPI
2014 31 JUL	£730,000	£330,178	121% above HPI

58 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 58 RAFT WAY sales from July 2014 and March 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 July 2014 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the March 2021 sale, where it rises to 126% above the HPI. The line then continues to track at 126% above the HPI.

How Large is 58 RAFT WAY?

58 RAFT WAY is 298m² according to the EPC inspection conducted in January 2014. This puts it in the largest 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 58 RAFT WAY lies on this distribution: 99% of detached houses are smaller than 58 RAFT WAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

58 RAFT WAY: Plot and Title Map

58 RAFT WAY sits on a plot of roughly 0.189 of an acre, or 766m². The below map shows the location of 58 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 58 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 58 RAFT WAY?

58 RAFT WAY is located in OXLEY PARK, in the MK4 postcode district. The below map shows the position of No. 58 on RAFT WAY.