7, OBERON WAY, OXLEY PARK, MILTON KEYNES, MK4 4TU - £400,000

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

7 OBERON WAY is a small detached house of 113m², built sometime between 2007 and 2011. It was last sold for £400,000 in July 2017, which was around 6% below the average July 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

7 OBERON WAY Sold Prices

Land registry data shows four sales for 7 OBERON WAY 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 7 OBERON 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
2017 7 JUL	£400,000	£426,115	6% below HPI
2013 31 JAN	£246,000	£284,119	13% below HPI
2008 3 OCT	£227,000	£267,153	15% below HPI
2007 29 JUN	£281,152	£290,794	3% below HPI

7 OBERON 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 four 7 OBERON WAY sales between June 2007 and July 2017 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 January 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 7 OBERON WAY?

7 OBERON WAY is 113m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 40% 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 7 OBERON WAY lies on this distribution: 40% of detached houses are smaller than 7 OBERON WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 OBERON WAY: Plot and Title Map

7 OBERON WAY sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 7 OBERON 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 7 OBERON 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 7 OBERON WAY?

7 OBERON WAY is located in OXLEY PARK, in the MK4 postcode district. The below map shows the position of No. 7 on OBERON WAY.