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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 THE HIGHWAY is a very small extended detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £545,860. It was last sold for £310,000 in May 2007, which was around 35% 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	£480,561	35% below HPI
1998 22 MAY	£124,000	£212,953	42% 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 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2007 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 9 THE HIGHWAY be worth now?

9 THE HIGHWAY might now be worth an estimated £545,860.

This is based on house price inflation of 76.1%, between May 2007 and February 2025, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76.1% inflationary increase is applied to the most recent sale price for 9 THE HIGHWAY of £310,000 on 10th May 2007. For the value to have increased from £310,000 to £545,860 over the eighteen years and three months to February 2025, the following assumptions must hold true:

• The value of 9 THE HIGHWAY has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The May 2007 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THE HIGHWAY has not materially changed since May 2007.

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 houses in Drayton Parslow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Drayton Parslow, and where 9 THE HIGHWAY lies on this distribution: 16% of detached houses houses are smaller than 9 THE HIGHWAY, and 84% 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.