1, SHORHAM RISE, TWO MILE ASH, MILTON KEYNES, MK8 8BS - £222,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 SHORHAM RISE is a large extended detached house of 144m², built sometime between 1983 and 1990. It was last sold for £222,500 in April 2013, which was around 22% below the average April 2013 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2023, where the current energy rating was B, and the potential energy rating was B.

1 SHORHAM RISE Sold Prices

Land registry data shows five sales for 1 SHORHAM RISE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 1 SHORHAM RISE 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
2013 26 APR	£222,500	£285,169	22% below HPI
2009 11 DEC	£200,000	£262,248	24% below HPI
2004 4 JUN	£187,000	£244,138	23% below HPI
2001 28 SEP	£139,995	£169,774	18% below HPI
1999 26 OCT	£98,000	£125,173	22% below HPI

1 SHORHAM RISE 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 five 1 SHORHAM RISE sales between October 1999 and April 2013 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 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2013 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 SHORHAM RISE?

1 SHORHAM RISE is 144m², which includes four extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 30% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 1 SHORHAM RISE lies on this distribution: 70% of detached houses are smaller than 1 SHORHAM RISE, and 30% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 SHORHAM RISE: Plot and Title Map

1 SHORHAM RISE sits on a plot of roughly 0.068 of an acre, or 273m². The below map shows the location of 1 SHORHAM RISE, 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 1 SHORHAM RISE). 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 1 SHORHAM RISE?

1 SHORHAM RISE is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 1 on SHORHAM RISE.