16, LOCKWOOD CHASE, OXLEY PARK, MILTON KEYNES, MK4 4ER - £248,000

16 LOCKWOOD CHASE is a very small detached house of 90m², built sometime between 2007 and 2011. It was last sold for £248,000 in January 2014, which was around 17% below the average January 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

16 LOCKWOOD CHASE Sold Prices

Land registry data shows two sales for 16 LOCKWOOD CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 16 LOCKWOOD CHASE 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
2014 10 JAN	£248,000	£298,446	17% below HPI
2007 29 JUN	£239,995	£290,794	17% below HPI

16 LOCKWOOD CHASE 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 two 16 LOCKWOOD CHASE sales from June 2007 and January 2014 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 June 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2014 sale, which was also at 17% below the HPI.

How Large is 16 LOCKWOOD CHASE?

16 LOCKWOOD CHASE is 90m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% 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 16 LOCKWOOD CHASE lies on this distribution: 20% of detached houses are smaller than 16 LOCKWOOD CHASE, and 80% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 LOCKWOOD CHASE: Plot and Title Map

16 LOCKWOOD CHASE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 16 LOCKWOOD CHASE, 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 16 LOCKWOOD CHASE). 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 16 LOCKWOOD CHASE?

16 LOCKWOOD CHASE is located in OXLEY PARK, in the MK4 postcode district. The below map shows the position of No. 16 on LOCKWOOD CHASE.