8, SWANSON DRIVE, OXLEY PARK, MILTON KEYNES, MK4 4GW - £255,000

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 SWANSON DRIVE is a very small semi-detached house of 77m². It was last sold for £255,000 in May 2021, which was around 43% below the average May 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

8 SWANSON DRIVE Sold Prices

Land registry data shows three sales for 8 SWANSON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 8 SWANSON DRIVE 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
2021 5 MAY	£255,000	£445,943	43% below HPI
2013 22 JUL	£179,995	£292,968	39% below HPI
2007 21 SEP	£220,000	£301,908	27% below HPI

8 SWANSON DRIVE 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 three 8 SWANSON DRIVE sales between September 2007 and May 2021 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 July 2013 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2021 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 8 SWANSON DRIVE?

8 SWANSON DRIVE is 77m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% 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 SWANSON DRIVE lies on this distribution: 9% of detached houses are smaller than 8 SWANSON DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 SWANSON DRIVE: Plot and Title Map

8 SWANSON DRIVE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 8 SWANSON DRIVE, 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 SWANSON DRIVE). 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 SWANSON DRIVE?

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