8, BURTON WAY, OXLEY PARK, MILTON KEYNES, MK4 4LZ - £700,000

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

8 BURTON WAY is a large detached house of 146m². It was last sold for £700,000 in February 2023, which was around 35% above the average February 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2017, where the current energy rating was B, and the potential energy rating was B.

8 BURTON WAY Sold Prices

Land registry data shows two sales for 8 BURTON 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 8 BURTON 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
2023 17 FEB	£700,000	£517,394	35% above HPI
2017 26 MAY	£554,995	£430,673	29% above HPI

8 BURTON 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 8 BURTON WAY sales from May 2017 and February 2023 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 May 2017 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the February 2023 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 8 BURTON WAY?

8 BURTON WAY is 146m² according to the EPC inspection conducted in April 2017. This puts it in the largest 30% 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 8 BURTON WAY lies on this distribution: 71% of detached houses are smaller than 8 BURTON WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 BURTON WAY: Plot and Title Map

8 BURTON WAY sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 8 BURTON 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 8 BURTON 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 8 BURTON WAY?

8 BURTON WAY is located in OXLEY PARK, in the MK4 postcode district. The below map shows the position of No. 8 on BURTON WAY.