2, DOWNLAND, TWO MILE ASH, MILTON KEYNES, MK8 8AS - £235,000

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

2 DOWNLAND is a very small detached house of 59m², built sometime between 1983 and 1990. It was last sold for £235,000 in June 2018, which was around 47% below the average June 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

2 DOWNLAND Sold Prices

Land registry data shows two sales for 2 DOWNLAND 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 DOWNLAND 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 15 JUN	£235,000	£440,071	47% below HPI
2001 29 JAN	£100,000	£148,630	33% below HPI

2 DOWNLAND 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 DOWNLAND sales from January 2001 and June 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 January 2001 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2018 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 2 DOWNLAND?

2 DOWNLAND is 59m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% 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 DOWNLAND lies on this distribution: 2% of detached houses are smaller than 2 DOWNLAND, and 98% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 DOWNLAND: Plot and Title Map

2 DOWNLAND sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 2 DOWNLAND, 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 DOWNLAND). 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 DOWNLAND?

2 DOWNLAND is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 2 on DOWNLAND.