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 GUEST GARDENS is a large extended detached house of 139m², built sometime between 1996 and 2002. It was last sold for £490,000 in February 2021, which was around 9% above the average February 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows six sales for 2 GUEST GARDENS since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the six 2 GUEST GARDENS sales were for above 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 19 FEB | £490,000 | £449,865 | 9% above HPI |
2012 27 SEP | £312,500 | £291,714 | 7% above HPI |
2006 17 NOV | £295,000 | £271,793 | 9% above HPI |
2004 16 JUN | £265,000 | £244,138 | 9% above HPI |
2003 6 JAN | £241,000 | £222,582 | 8% above HPI |
2001 24 APR | £203,000 | £149,708 | 36% above HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The six 2 GUEST GARDENS sales between April 2001 and February 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 September 2012 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
2 GUEST GARDENS is 139m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the largest 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 GUEST GARDENS lies on this distribution: 65% of detached houses are smaller than 2 GUEST GARDENS, and 34% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
2 GUEST GARDENS sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 2 GUEST 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 2 GUEST 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.
2 GUEST GARDENS is located in NEW BRADWELL, in the MK13 postcode district. The below map shows the position of No. 2 on GUEST GARDENS.