63, OUSEBANK WAY, STONY STRATFORD, MILTON KEYNES, MK11 1LA - £350,000

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

63 OUSEBANK WAY is a very small detached house of 58m², built sometime between 1950 and 1966. It was last sold for £350,000 in January 2022, which was around 29% below the average January 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

63 OUSEBANK WAY Sold Prices

Land registry data shows two sales for 63 OUSEBANK 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 63 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 19 JAN	£350,000	£493,022	29% below HPI
1996 12 AUG	£70,000	£86,360	19% below HPI

63 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 two 63 OUSEBANK WAY sales from August 1996 and January 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 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 63 OUSEBANK WAY?

63 OUSEBANK WAY is 58m² according to the EPC inspection conducted in September 2021. 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 63 OUSEBANK WAY lies on this distribution: 2% of detached houses are smaller than 63 OUSEBANK WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

63 OUSEBANK WAY: Plot and Title Map

63 OUSEBANK WAY sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 63 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 63 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 63 OUSEBANK WAY?

63 OUSEBANK WAY is located in STONY STRATFORD, in the MK11 postcode district. The below map shows the position of No. 63 on OUSEBANK WAY.