59, OUSEBANK WAY, STONY STRATFORD, MILTON KEYNES, MK11 1LA - £478,000

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

59 OUSEBANK WAY is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £478,000 in March 2022, which was around 3% below the average March 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

59 OUSEBANK WAY Sold Prices

Land registry data shows three sales for 59 OUSEBANK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 59 OUSEBANK WAY 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 25 MAR	£478,000	£493,354	3% below HPI
2015 25 AUG	£300,000	£367,219	18% below HPI
2009 13 JAN	£249,995	£254,852	2% below HPI

59 OUSEBANK 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 three 59 OUSEBANK WAY sales between January 2009 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 August 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 59 OUSEBANK WAY?

59 OUSEBANK WAY is 83m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% 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 59 OUSEBANK WAY lies on this distribution: 13% of detached houses are smaller than 59 OUSEBANK WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

59 OUSEBANK WAY: Plot and Title Map

59 OUSEBANK WAY sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 59 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 59 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 59 OUSEBANK WAY?

59 OUSEBANK WAY is located in STONY STRATFORD, in the MK11 postcode district. The below map shows the position of No. 59 on OUSEBANK WAY.