101, ORIEL CLOSE, WOLVERTON, MILTON KEYNES, MK12 5FG - £297,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

101 ORIEL CLOSE is a very small detached house of 80m², built sometime between 2003 and 2006. It was last sold for £297,500 in December 2018, which was around 31% below the average December 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

101 ORIEL CLOSE Sold Prices

Land registry data shows four sales for 101 ORIEL CLOSE 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. All of the four 101 ORIEL CLOSE 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 20 DEC	£297,500	£433,718	31% below HPI
2018 3 DEC	£305,000	£433,718	30% below HPI
2014 27 NOV	£225,000	£339,053	34% below HPI
2003 11 APR	£145,000	£229,446	37% below HPI

101 ORIEL CLOSE 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 101 ORIEL CLOSE sales between April 2003 and December 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 December 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 101 ORIEL CLOSE?

101 ORIEL CLOSE is 80m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% 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 101 ORIEL CLOSE lies on this distribution: 11% of detached houses are smaller than 101 ORIEL CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

101 ORIEL CLOSE: Plot and Title Map

101 ORIEL CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 101 ORIEL CLOSE, 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 101 ORIEL CLOSE). 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 101 ORIEL CLOSE?

101 ORIEL CLOSE is located in WOLVERTON, in the MK12 postcode district. The below map shows the position of No. 101 on ORIEL CLOSE.