1, THE HIGHWAY, DRAYTON PARSLOW, MILTON KEYNES, MK17 0JW - £360,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 THE HIGHWAY is a very small extended terraced house of 67m², built sometime between 1900 and 1929, which could now be worth an estimated £388,992. It was last sold for £360,000 in November 2021, which was around 5% above the average November 2021 terraced price in the Buckinghamshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

1 THE HIGHWAY Sold Prices

Land registry data shows four sales for 1 THE HIGHWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Buckinghamshire local authority area for the corresponding sale date. Most of the four 1 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
2021 19 NOV	£360,000	£341,392	5% above HPI
2017 6 OCT	£290,000	£326,129	11% below HPI
2014 23 MAY	£190,000	£242,197	22% below HPI
1996 19 APR	£59,995	£65,525	8% below HPI

1 THE HIGHWAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Buckinghamshire local authority area over time, sourced from the HPI. The four 1 THE HIGHWAY sales between April 1996 and November 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 October 2017 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 1 THE HIGHWAY be worth now?

1 THE HIGHWAY might now be worth an estimated £388,992.

This is based on house price inflation of 8.1%, between November 2021 and June 2025, for terraced 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 8.1% inflationary increase is applied to the most recent sale price for 1 THE HIGHWAY of £360,000 on 19th November 2021. For the value to have increased from £360,000 to £388,992 over the four years and five months to June 2025, the following assumptions must hold true:

• The value of 1 THE HIGHWAY has moved in line with the HPI for terraced houses in the Buckinghamshire local authority area.
• The November 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE HIGHWAY has not materially changed since November 2021.

How Large is 1 THE HIGHWAY?

1 THE HIGHWAY is 67m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of terraced houses houses in Drayton Parslow, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Drayton Parslow, and where 1 THE HIGHWAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 1 THE HIGHWAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Drayton Parslow.

1 THE HIGHWAY: Plot and Title Map

1 THE HIGHWAY sits on a plot of roughly 0.021 of an acre, or 83m². The below map shows the location of 1 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 1 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 1 THE HIGHWAY?

1 THE HIGHWAY is located in DRAYTON PARSLOW, in the MK17 postcode district. The below map shows the position of No. 1 on THE HIGHWAY.