7, OUSEBANK WAY, STONY STRATFORD, MILTON KEYNES, MK11 1JY - £166,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 OUSEBANK WAY is a very small semi-detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £329,018. It was last sold for £166,500 in April 2013, which was around 2% below the average April 2013 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

7 OUSEBANK WAY Sold Prices

Land registry data shows four sales for 7 OUSEBANK WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. Most of the four 7 OUSEBANK 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
2013 22 APR	£166,500	£170,411	2% below HPI
2001 22 NOV	£112,950	£95,333	18% above HPI
2000 28 SEP	£99,995	£80,874	24% above HPI
1998 12 OCT	£65,500	£60,324	9% above HPI

7 OUSEBANK WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 7 OUSEBANK WAY sales between October 1998 and April 2013 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 November 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2013 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 7 OUSEBANK WAY be worth now?

7 OUSEBANK WAY might now be worth an estimated £329,018.

This is based on house price inflation of 97.6%, between April 2013 and February 2025, for semi-detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 97.6% inflationary increase is applied to the most recent sale price for 7 OUSEBANK WAY of £166,500 on 22nd April 2013. For the value to have increased from £166,500 to £329,018 over the twelve years and two months to February 2025, the following assumptions must hold true:

• The value of 7 OUSEBANK WAY has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The April 2013 sale price of £166,500 represented a fair market value for the property.
• The size, condition, and specification of 7 OUSEBANK WAY has not materially changed since April 2013.

How Large is 7 OUSEBANK WAY?

7 OUSEBANK WAY is 86m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 7 OUSEBANK WAY lies on this distribution: 16% of semi-detached houses houses are smaller than 7 OUSEBANK WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 OUSEBANK WAY: Plot and Title Map

7 OUSEBANK WAY sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 7 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 7 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 7 OUSEBANK WAY?

7 OUSEBANK WAY is located in STONY STRATFORD, in the MK11 postcode district. The below map shows the position of No. 7 on OUSEBANK WAY.