8, KEEL WAY, OXLEY PARK, MILTON KEYNES, MK4 4TZ - £575,000

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 KEEL WAY is a very large detached house of 190m², built sometime from 2007 onwards. It was last sold for £575,000 in February 2020, which was around 34% above the average February 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2018, where the current energy rating was B, and the potential energy rating was B.

8 KEEL WAY Sold Prices

Land registry data shows two sales for 8 KEEL 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 KEEL 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
2020 6 FEB	£575,000	£429,038	34% above HPI
2011 2 DEC	£445,000	£280,093	59% above HPI

8 KEEL 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 KEEL WAY sales from December 2011 and February 2020 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 December 2011 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the February 2020 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 8 KEEL WAY?

8 KEEL WAY is 190m² according to the EPC inspection conducted in August 2018. This puts it in the largest 20% 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 KEEL WAY lies on this distribution: 89% of detached houses are smaller than 8 KEEL WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 KEEL WAY: Plot and Title Map

8 KEEL WAY sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 8 KEEL 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 KEEL 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 KEEL WAY?

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