2, STATHAM PLACE, OLDBROOK, MILTON KEYNES, MK6 2HD - £309,000

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.

2 STATHAM PLACE is a very small extended terraced house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £325,918. It was last sold for £309,000 in May 2023, which was around 20% above the average May 2023 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

2 STATHAM PLACE Sold Prices

Land registry data shows three sales for 2 STATHAM PLACE 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 2 STATHAM PLACE 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
2023 25 MAY	£309,000	£256,902	20% above HPI
2006 21 JUL	£155,000	£136,949	13% above HPI
2003 11 APR	£120,000	£104,804	14% above HPI

2 STATHAM PLACE 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 2 STATHAM PLACE sales between April 2003 and May 2023 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 July 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2023 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 2 STATHAM PLACE be worth now?

2 STATHAM PLACE might now be worth an estimated £325,918.

This is based on house price inflation of 5.5%, between May 2023 and May 2026, 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 5.5% inflationary increase is applied to the most recent sale price for 2 STATHAM PLACE of £309,000 on 25th May 2023. For the value to have increased from £309,000 to £325,918 over the three years to May 2026, the following assumptions must hold true:

• The value of 2 STATHAM PLACE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The May 2023 sale price of £309,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STATHAM PLACE has not materially changed since May 2023.

How Large is 2 STATHAM PLACE?

2 STATHAM PLACE is 69m², which includes one extension, according to the EPC inspection conducted in July 2015. 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 2 STATHAM PLACE lies on this distribution: 4% of terraced houses houses are smaller than 2 STATHAM PLACE, and 95% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 STATHAM PLACE: Plot and Title Map

2 STATHAM PLACE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 2 STATHAM PLACE, 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 2 STATHAM PLACE). 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 2 STATHAM PLACE?

2 STATHAM PLACE is located in OLDBROOK, in the MK6 postcode district. The below map shows the position of No. 2 on STATHAM PLACE.