11, MARGARITA GARDENS, NEWTON LEYS, MILTON KEYNES, MK3 5FP - £390,000

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

11 MARGARITA GARDENS is a small detached house of 98m², built sometime between 2007 and 2011. It was last sold for £390,000 in February 2022, which was around 20% below the average February 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

11 MARGARITA GARDENS Sold Prices

Land registry data shows two sales for 11 MARGARITA GARDENS 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 11 MARGARITA GARDENS 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
2022 7 FEB	£390,000	£489,051	20% below HPI
2011 3 MAR	£210,500	£264,981	21% below HPI

11 MARGARITA GARDENS 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 11 MARGARITA GARDENS sales from March 2011 and February 2022 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 March 2011 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 11 MARGARITA GARDENS?

11 MARGARITA GARDENS is 98m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 11 MARGARITA GARDENS lies on this distribution: 32% of detached houses are smaller than 11 MARGARITA GARDENS, and 67% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

11 MARGARITA GARDENS: Plot and Title Map

11 MARGARITA GARDENS sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 11 MARGARITA GARDENS, 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 11 MARGARITA GARDENS). 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 11 MARGARITA GARDENS?

11 MARGARITA GARDENS is located in NEWTON LEYS, in the MK3 postcode district. The below map shows the position of No. 11 on MARGARITA GARDENS.