2, HOLMES MEADOW, REDHOUSE PARK, MILTON KEYNES, MK14 5GF - £420,000

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 HOLMES MEADOW is a small detached house of 113m². It was last sold for £420,000 in March 2022, which was around 15% below the average March 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was B.

2 HOLMES MEADOW Sold Prices

Land registry data shows three sales for 2 HOLMES MEADOW 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 HOLMES MEADOW 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
2022 4 MAR	£420,000	£493,354	15% below HPI
2018 26 JAN	£420,000	£435,652	4% below HPI
2015 26 JUN	£319,950	£352,592	9% below HPI

2 HOLMES MEADOW 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 HOLMES MEADOW sales between June 2015 and March 2022 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 2018 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 HOLMES MEADOW?

2 HOLMES MEADOW is 113m² according to the EPC inspection conducted in June 2015. 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 HOLMES MEADOW lies on this distribution: 40% of detached houses are smaller than 2 HOLMES MEADOW, and 59% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 HOLMES MEADOW: Plot and Title Map

2 HOLMES MEADOW sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 2 HOLMES MEADOW, 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 HOLMES MEADOW). 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 HOLMES MEADOW?

2 HOLMES MEADOW is located in REDHOUSE PARK, in the MK14 postcode district. The below map shows the position of No. 2 on HOLMES MEADOW.