8, INCE WAY, KINGSMEAD, MILTON KEYNES, MK4 4NP - £523,000

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.

8 INCE WAY is a small detached house of 98m², built in 2022, which could now be worth an estimated £545,848. It was last sold for £523,000 in October 2024, which was around 3% below the average October 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2022, where the current energy rating was B, and the potential energy rating was A.

8 INCE WAY Sold Prices

Land registry data shows two sales for 8 INCE 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 INCE 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
2024 4 OCT	£523,000	£541,757	3% below HPI
2022 29 APR	£465,000	£511,065	9% below HPI

8 INCE 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 INCE WAY sales from April 2022 and October 2024 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 April 2022 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2024 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 8 INCE WAY be worth now?

8 INCE WAY might now be worth an estimated £545,848.

This is based on house price inflation of 4.4%, between October 2024 and February 2025, for 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 4.4% inflationary increase is applied to the most recent sale price for 8 INCE WAY of £523,000 on 4th October 2024. For the value to have increased from £523,000 to £545,848 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 8 INCE WAY has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The October 2024 sale price of £523,000 represented a fair market value for the property.
• The size, condition, and specification of 8 INCE WAY has not materially changed since October 2024.

How Large is 8 INCE WAY?

8 INCE WAY is 98m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 8 INCE WAY lies on this distribution: 27% of detached houses houses are smaller than 8 INCE WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 INCE WAY: Plot and Title Map

8 INCE WAY sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 8 INCE 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 INCE 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 INCE WAY?

8 INCE WAY is located in KINGSMEAD, in the MK4 postcode district. The below map shows the position of No. 8 on INCE WAY.