2, MAYER GARDENS, SHENLEY LODGE, MILTON KEYNES, MK5 7EN - £510,000

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 MAYER GARDENS is a large detached house of 137m², built sometime between 1996 and 2002. It was last sold for £510,000 in July 2022, which was around 1% above the average July 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

2 MAYER GARDENS Sold Prices

Land registry data shows two sales for 2 MAYER GARDENS 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 MAYER 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
2022 15 JUL	£510,000	£504,774	1% above HPI
1998 24 APR	£132,995	£100,980	32% above HPI

2 MAYER GARDENS 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 MAYER GARDENS sales from April 1998 and July 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 April 1998 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the July 2022 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 2 MAYER GARDENS?

2 MAYER GARDENS is 137m² according to the EPC inspection conducted in March 2013. 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 MAYER GARDENS lies on this distribution: 63% of detached houses are smaller than 2 MAYER GARDENS, and 36% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 MAYER GARDENS: Plot and Title Map

2 MAYER GARDENS sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 2 MAYER 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 MAYER 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.

Where is 2 MAYER GARDENS?

2 MAYER GARDENS is located in SHENLEY LODGE, in the MK5 postcode district. The below map shows the position of No. 2 on MAYER GARDENS.