8, NIVEN LANE, OXLEY PARK, MILTON KEYNES, MK4 4TP - £492,000

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

8 NIVEN LANE is a very large detached house of 166m², built sometime between 2007 and 2011. It was last sold for £492,000 in February 2018, which was around 12% above the average February 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

8 NIVEN LANE Sold Prices

Land registry data shows two sales for 8 NIVEN LANE 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 NIVEN LANE 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
2018 9 FEB	£492,000	£439,578	12% above HPI
2008 24 NOV	£357,995	£259,592	38% above HPI

8 NIVEN LANE 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 NIVEN LANE sales from November 2008 and February 2018 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 2008 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2018 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 8 NIVEN LANE?

8 NIVEN LANE is 166m² according to the EPC inspection conducted in January 2023. 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 NIVEN LANE lies on this distribution: 81% of detached houses are smaller than 8 NIVEN LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 NIVEN LANE: Plot and Title Map

8 NIVEN LANE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 8 NIVEN LANE, 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 NIVEN LANE). 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 NIVEN LANE?

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