16, THE LEYS, WOBURN SANDS, MILTON KEYNES, MK17 8QF - £350,000

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.

16 THE LEYS is a very small terraced house of 100m², built sometime between 1900 and 1929, which could now be worth an estimated £408,377. It was last sold for £350,000 in June 2021, which was around 50% above the average June 2021 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was B.

16 THE LEYS Sold Prices

Land registry data shows four sales for 16 THE LEYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the four 16 THE LEYS sales were for above 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 1 JUN	£350,000	£233,020	50% above HPI
2015 20 MAY	£279,950	£175,922	59% above HPI
2007 5 JUL	£229,000	£153,600	49% above HPI
2001 14 SEP	£120,000	£75,645	59% above HPI

16 THE LEYS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 16 THE LEYS sales between September 2001 and June 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 May 2015 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the June 2021 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 16 THE LEYS be worth now?

16 THE LEYS might now be worth an estimated £408,377.

This is based on house price inflation of 16.7%, between June 2021 and June 2025, for terraced houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.7% inflationary increase is applied to the most recent sale price for 16 THE LEYS of £350,000 on 1st June 2021. For the value to have increased from £350,000 to £408,377 over the four years to June 2025, the following assumptions must hold true:

• The value of 16 THE LEYS has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The June 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 16 THE LEYS has not materially changed since June 2021.

How Large is 16 THE LEYS?

16 THE LEYS is 100m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of terraced houses houses in Woburn Sands, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Woburn Sands, and where 16 THE LEYS lies on this distribution: 18% of terraced houses houses are smaller than 16 THE LEYS, and 82% of houses are larger. Note that EPC data is not available for all properties in Woburn Sands.

16 THE LEYS: Plot and Title Map

16 THE LEYS sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 16 THE LEYS, 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 THE LEYS). 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 THE LEYS?

16 THE LEYS is located in WOBURN SANDS, in the MK17 postcode district. The below map shows the position of No. 16 on THE LEYS.