15, RECTORY ORCHARD, LAVENDON, OLNEY, MK46 4HB - £352,500

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

15 RECTORY ORCHARD is a small detached house of 105m², built sometime between 1983 and 1990. It was last sold for £352,500 in January 2021, which was around 22% below the average January 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

15 RECTORY ORCHARD Sold Prices

Land registry data shows five sales for 15 RECTORY ORCHARD 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 15 RECTORY ORCHARD 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
2021 14 JAN	£352,500	£449,211	22% below HPI
2011 22 DEC	£250,000	£280,093	11% below HPI
2010 16 JUL	£250,000	£277,364	10% below HPI
2006 13 OCT	£236,000	£270,292	13% below HPI
1996 23 APR	£79,400	£83,877	5% below HPI

15 RECTORY ORCHARD 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 15 RECTORY ORCHARD sales between April 1996 and January 2021 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 15 RECTORY ORCHARD?

15 RECTORY ORCHARD is 105m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of detached houses in Lavendon, based on EPC data. The below chart shows the distribution of detached houses by size in Lavendon, and where 15 RECTORY ORCHARD lies on this distribution: 29% of detached houses are smaller than 15 RECTORY ORCHARD, and 71% of houses are larger. Note that EPC data is not available for all properties in Lavendon.

15 RECTORY ORCHARD: Plot and Title Map

15 RECTORY ORCHARD sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 15 RECTORY ORCHARD, 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 15 RECTORY ORCHARD). 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 15 RECTORY ORCHARD?

15 RECTORY ORCHARD is located in LAVENDON, in the MK46 postcode district. The below map shows the position of No. 15 on RECTORY ORCHARD.