18, THE HYTHE, TWO MILE ASH, MILTON KEYNES, MK8 8PB - £238,000

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.

18 THE HYTHE is a very small detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £475,659. It was last sold for £238,000 in October 2011, which was around 18% below the average October 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

18 THE HYTHE Sold Prices

Land registry data shows four sales for 18 THE HYTHE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 18 THE HYTHE 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
2011 21 OCT	£238,000	£289,875	18% below HPI
2008 4 AUG	£249,995	£295,098	15% below HPI
1999 1 JUL	£103,000	£119,431	14% below HPI
1997 29 AUG	£87,995	£98,027	10% below HPI

18 THE HYTHE 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 four 18 THE HYTHE sales between August 1997 and October 2011 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 August 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2011 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 18 THE HYTHE be worth now?

18 THE HYTHE might now be worth an estimated £475,659.

This is based on house price inflation of 99.9%, between October 2011 and March 2025, for detached 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 99.9% inflationary increase is applied to the most recent sale price for 18 THE HYTHE of £238,000 on 21st October 2011. For the value to have increased from £238,000 to £475,659 over the fourteen years and seven months to March 2025, the following assumptions must hold true:

• The value of 18 THE HYTHE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The October 2011 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THE HYTHE has not materially changed since October 2011.

How Large is 18 THE HYTHE?

18 THE HYTHE is 84m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 20% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 18 THE HYTHE lies on this distribution: 14% of detached houses houses are smaller than 18 THE HYTHE, and 86% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

18 THE HYTHE: Plot and Title Map

18 THE HYTHE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 18 THE HYTHE, 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 18 THE HYTHE). 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 18 THE HYTHE?

18 THE HYTHE is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 18 on THE HYTHE.