2, ORNE GARDENS, BOLBECK PARK, MILTON KEYNES, MK15 8PQ - £495,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 ORNE GARDENS is a midsized extended detached house of 118m², built sometime between 1983 and 1990. It was last sold for £495,000 in April 2023, which was around 5% below the average April 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

2 ORNE GARDENS Sold Prices

Land registry data shows four sales for 2 ORNE GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 2 ORNE GARDENS 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
2023 6 APR	£495,000	£520,697	5% below HPI
2017 24 MAR	£348,000	£428,755	19% below HPI
2006 23 AUG	£220,000	£263,603	17% below HPI
2002 27 SEP	£160,000	£203,334	21% below HPI

2 ORNE 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 four 2 ORNE GARDENS sales between September 2002 and April 2023 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 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 ORNE GARDENS?

2 ORNE GARDENS is 118m², which includes three extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% 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 ORNE GARDENS lies on this distribution: 45% of detached houses are smaller than 2 ORNE GARDENS, and 54% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 ORNE GARDENS: Plot and Title Map

2 ORNE GARDENS sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 2 ORNE 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 ORNE 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 ORNE GARDENS?

2 ORNE GARDENS is located in BOLBECK PARK, in the MK15 postcode district. The below map shows the position of No. 2 on ORNE GARDENS.