8, MASHAM WAY, WHITEHOUSE, MILTON KEYNES, MK8 1DL - £365,000

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.

8 MASHAM WAY is a small detached house of 92m², which could now be worth an estimated £465,815. It was last sold for £365,000 in July 2018, which was around 20% below the average July 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2017, where the current energy rating was A, and the potential energy rating was A.

8 MASHAM WAY Sold Prices

Land registry data shows two sales for 8 MASHAM 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 8 MASHAM 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
2018 2 JUL	£365,000	£453,951	20% below HPI
2017 24 FEB	£349,995	£437,254	20% below HPI

8 MASHAM 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 8 MASHAM WAY sales from February 2017 and July 2018 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 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2018 sale, which was also at 20% below the HPI.

What might 8 MASHAM WAY be worth now?

8 MASHAM WAY might now be worth an estimated £465,815.

This is based on house price inflation of 27.6%, between July 2018 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 27.6% inflationary increase is applied to the most recent sale price for 8 MASHAM WAY of £365,000 on 2nd July 2018. For the value to have increased from £365,000 to £465,815 over the seven years and four months to March 2025, the following assumptions must hold true:

• The value of 8 MASHAM WAY has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The July 2018 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MASHAM WAY has not materially changed since July 2018.

How Large is 8 MASHAM WAY?

8 MASHAM WAY is 92m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% 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 8 MASHAM WAY lies on this distribution: 21% of detached houses houses are smaller than 8 MASHAM WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 MASHAM WAY: Plot and Title Map

8 MASHAM WAY sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 8 MASHAM 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 8 MASHAM 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 8 MASHAM WAY?

8 MASHAM WAY is located in WHITEHOUSE, in the MK8 postcode district. The below map shows the position of No. 8 on MASHAM WAY.