2, ARK ROYAL, BROOKLANDS, MILTON KEYNES, MK10 7FW - £325,000

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

2 ARK ROYAL is a very small detached house of 85m². It was last sold for £325,000 in August 2020, which was around 26% below the average August 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was A.

2 ARK ROYAL Sold Prices

Land registry data shows two sales for 2 ARK ROYAL 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 2 ARK ROYAL 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
2020 13 AUG	£325,000	£438,618	26% below HPI
2015 4 JUN	£267,995	£352,592	24% below HPI

2 ARK ROYAL 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 2 ARK ROYAL sales from June 2015 and August 2020 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 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 ARK ROYAL?

2 ARK ROYAL is 85m² according to the EPC inspection conducted in May 2015. 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 2 ARK ROYAL lies on this distribution: 15% of detached houses are smaller than 2 ARK ROYAL, and 84% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 ARK ROYAL: Plot and Title Map

2 ARK ROYAL sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 2 ARK ROYAL, 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 ARK ROYAL). 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 ARK ROYAL?

2 ARK ROYAL is located in BROOKLANDS, in the MK10 postcode district. The below map shows the position of No. 2 on ARK ROYAL.