2, MALDIVES TERRACE, NEWTON LEYS, MILTON KEYNES, MK3 5GT - £385,000

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 MALDIVES TERRACE is a midsized detached house of 108m². It was last sold for £385,000 in March 2024, which was around 25% below the average March 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2013, where the current energy rating was B, and the potential energy rating was A.

2 MALDIVES TERRACE Sold Prices

Land registry data shows three sales for 2 MALDIVES TERRACE 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 MALDIVES TERRACE 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
2024 1 MAR	£385,000	£513,258	25% below HPI
2021 23 MAR	£330,000	£451,575	27% below HPI
2014 30 MAY	£237,000	£316,946	25% below HPI

2 MALDIVES TERRACE 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 MALDIVES TERRACE sales between May 2014 and March 2024 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 March 2021 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2024 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 MALDIVES TERRACE?

2 MALDIVES TERRACE is 108m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 50% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 2 MALDIVES TERRACE lies on this distribution: 44% of detached houses are smaller than 2 MALDIVES TERRACE, and 55% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

2 MALDIVES TERRACE: Plot and Title Map

2 MALDIVES TERRACE sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 2 MALDIVES TERRACE, 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 MALDIVES TERRACE). 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 MALDIVES TERRACE?

2 MALDIVES TERRACE is located in NEWTON LEYS, in the MK3 postcode district. The below map shows the position of No. 2 on MALDIVES TERRACE.