16, THE OVAL, OLDBROOK, MILTON KEYNES, MK6 2TY - £296,500

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 OVAL is a very small terraced house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £325,603. It was last sold for £296,500 in March 2022, which was around 20% above the average March 2022 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

16 THE OVAL Sold Prices

Land registry data shows three sales for 16 THE OVAL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the three 16 THE OVAL 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
2022 30 MAR	£296,500	£247,584	20% above HPI
2005 18 FEB	£157,500	£125,005	26% above HPI
1998 30 APR	£66,950	£46,584	44% above HPI

16 THE OVAL 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 three 16 THE OVAL sales between April 1998 and March 2022 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 February 2005 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2022 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 16 THE OVAL be worth now?

16 THE OVAL might now be worth an estimated £325,603.

This is based on house price inflation of 9.8%, between March 2022 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 9.8% inflationary increase is applied to the most recent sale price for 16 THE OVAL of £296,500 on 30th March 2022. For the value to have increased from £296,500 to £325,603 over the two years and nine months to June 2025, the following assumptions must hold true:

• The value of 16 THE OVAL has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The March 2022 sale price of £296,500 represented a fair market value for the property.
• The size, condition, and specification of 16 THE OVAL has not materially changed since March 2022.

How Large is 16 THE OVAL?

16 THE OVAL is 69m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of terraced houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Milton Keynes, and where 16 THE OVAL lies on this distribution: 4% of terraced houses houses are smaller than 16 THE OVAL, and 95% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 THE OVAL: Plot and Title Map

16 THE OVAL sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 16 THE OVAL, 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 OVAL). 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 OVAL?

16 THE OVAL is located in OLDBROOK, in the MK6 postcode district. The below map shows the position of No. 16 on THE OVAL.