9, OBERON WAY, OXLEY PARK, MILTON KEYNES, MK4 4TU - £480,000

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

9 OBERON WAY is a midsized detached house of 116m², built sometime between 1996 and 2002. It was last sold for £480,000 in February 2022, which was around 2% below the average February 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

9 OBERON WAY Sold Prices

Land registry data shows three sales for 9 OBERON WAY 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 9 OBERON 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
2022 23 FEB	£480,000	£489,051	2% below HPI
2012 16 MAY	£259,000	£278,911	7% below HPI
2007 19 SEP	£294,950	£301,908	2% below HPI

9 OBERON 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 three 9 OBERON WAY sales between September 2007 and February 2022 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 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 9 OBERON WAY?

9 OBERON WAY is 116m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% 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 9 OBERON WAY lies on this distribution: 43% of detached houses are smaller than 9 OBERON WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

9 OBERON WAY: Plot and Title Map

9 OBERON WAY sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 9 OBERON 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 9 OBERON 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 9 OBERON WAY?

9 OBERON WAY is located in OXLEY PARK, in the MK4 postcode district. The below map shows the position of No. 9 on OBERON WAY.