5, EVESHAM WAY, OAKHILL, MILTON KEYNES, MK5 6NB - £340,000

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.

5 EVESHAM WAY is a midsized detached house of 122m², built sometime between 2003 and 2006, which could now be worth an estimated £467,807. It was last sold for £340,000 in October 2015, which was around 13% below the average October 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

5 EVESHAM WAY Sold Prices

Land registry data shows two sales for 5 EVESHAM WAY 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 5 EVESHAM WAY 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
2015 16 OCT	£340,000	£392,974	13% below HPI
2005 1 APR	£210,000	£259,395	19% below HPI

5 EVESHAM WAY 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 5 EVESHAM WAY sales from April 2005 and October 2015 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 April 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2015 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 5 EVESHAM WAY be worth now?

5 EVESHAM WAY might now be worth an estimated £467,807.

This is based on house price inflation of 37.6%, between October 2015 and April 2026, 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 37.6% inflationary increase is applied to the most recent sale price for 5 EVESHAM WAY of £340,000 on 16th October 2015. For the value to have increased from £340,000 to £467,807 over the eleven years and six months to April 2026, the following assumptions must hold true:

• The value of 5 EVESHAM WAY has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The October 2015 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 5 EVESHAM WAY has not materially changed since October 2015.

How Large is 5 EVESHAM WAY?

5 EVESHAM WAY is 122m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 50% 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 5 EVESHAM WAY lies on this distribution: 49% of detached houses houses are smaller than 5 EVESHAM WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 EVESHAM WAY: Plot and Title Map

5 EVESHAM WAY sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 5 EVESHAM WAY, 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 5 EVESHAM WAY). 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 5 EVESHAM WAY?

5 EVESHAM WAY is located in OAKHILL, in the MK5 postcode district. The below map shows the position of No. 5 on EVESHAM WAY.