6, THE HYTHE, TWO MILE ASH, MILTON KEYNES, MK8 8PB - £470,000

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.

6 THE HYTHE is a midsized detached house of 121m², built sometime between 1991 and 1995, which could now be worth an estimated £631,300. It was last sold for £470,000 in August 2016, which was around 9% above the average August 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

6 THE HYTHE Sold Prices

Land registry data shows four sales for 6 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. Most of the four 6 THE HYTHE 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
2016 26 AUG	£470,000	£431,312	9% above HPI
2011 14 DEC	£339,500	£289,517	17% above HPI
2008 19 MAY	£295,000	£305,769	4% below HPI
1997 14 NOV	£128,995	£101,238	27% above HPI

6 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 6 THE HYTHE sales between November 1997 and August 2016 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 December 2011 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2016 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 6 THE HYTHE be worth now?

6 THE HYTHE might now be worth an estimated £631,300.

This is based on house price inflation of 34.3%, between August 2016 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 34.3% inflationary increase is applied to the most recent sale price for 6 THE HYTHE of £470,000 on 26th August 2016. For the value to have increased from £470,000 to £631,300 over the nine years and five months to March 2025, the following assumptions must hold true:

• The value of 6 THE HYTHE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The August 2016 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE HYTHE has not materially changed since August 2016.

How Large is 6 THE HYTHE?

6 THE HYTHE is 121m² according to the EPC inspection conducted in October 2011. 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 6 THE HYTHE lies on this distribution: 48% of detached houses houses are smaller than 6 THE HYTHE, and 52% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

6 THE HYTHE: Plot and Title Map

6 THE HYTHE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 6 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 6 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 6 THE HYTHE?

6 THE HYTHE is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 6 on THE HYTHE.