2, ALVRIC WAY, WOLVERTON MILL, MILTON KEYNES, MK12 5GU - £190,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 ALVRIC WAY is a small extended semi-detached house of 107m², built sometime between 2003 and 2006. It was last sold for £190,000 in December 2008, which was around 26% below the average December 2008 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

2 ALVRIC WAY Sold Prices

Land registry data shows three sales for 2 ALVRIC WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 2 ALVRIC 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
2008 19 DEC	£190,000	£255,515	26% below HPI
2007 15 JUN	£240,000	£290,794	17% below HPI
2006 30 JUN	£213,730	£256,612	17% below HPI

2 ALVRIC 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 three 2 ALVRIC WAY sales between June 2006 and December 2008 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 June 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2008 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 ALVRIC WAY?

2 ALVRIC WAY is 107m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% 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 2 ALVRIC WAY lies on this distribution: 34% of detached houses are smaller than 2 ALVRIC WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 ALVRIC WAY: Plot and Title Map

2 ALVRIC WAY sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 2 ALVRIC 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 2 ALVRIC 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 2 ALVRIC WAY?

2 ALVRIC WAY is located in WOLVERTON MILL, in the MK12 postcode district. The below map shows the position of No. 2 on ALVRIC WAY.