9, THE HIGHWAY, DRAYTON PARSLOW, MILTON KEYNES, MK17 0JW - £310,000

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

9 THE HIGHWAY is a very small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £310,000 in May 2007, which was around 33% below the average May 2007 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

9 THE HIGHWAY Sold Prices

Land registry data shows two sales for 9 THE HIGHWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. Both of the two 9 THE HIGHWAY 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
2007 10 MAY	£310,000	£461,892	33% below HPI
1998 22 MAY	£124,000	£204,680	39% below HPI

9 THE HIGHWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The two 9 THE HIGHWAY sales from May 1998 and May 2007 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 1998 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2007 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 9 THE HIGHWAY?

9 THE HIGHWAY is 90m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses in Drayton Parslow, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton Parslow, and where 9 THE HIGHWAY lies on this distribution: 14% of detached houses are smaller than 9 THE HIGHWAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Drayton Parslow.

9 THE HIGHWAY: Plot and Title Map

9 THE HIGHWAY sits on a plot of roughly 0.212 of an acre, or 856m². The below map shows the location of 9 THE HIGHWAY, 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 THE HIGHWAY). 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 THE HIGHWAY?

9 THE HIGHWAY is located in DRAYTON PARSLOW, in the MK17 postcode district. The below map shows the position of No. 9 on THE HIGHWAY.