2, RECTORY ORCHARD, LAVENDON, OLNEY, MK46 4HB - £402,500

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 RECTORY ORCHARD is a midsized detached house of 122m², built sometime between 1976 and 1982. It was last sold for £402,500 in October 2019, which was around 6% below the average October 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

2 RECTORY ORCHARD Sold Prices

Land registry data shows two sales for 2 RECTORY ORCHARD 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 RECTORY ORCHARD 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
2019 8 OCT	£402,500	£427,444	6% below HPI
2015 30 OCT	£350,000	£380,182	8% below HPI

2 RECTORY ORCHARD 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 RECTORY ORCHARD sales from October 2015 and October 2019 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 October 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 RECTORY ORCHARD?

2 RECTORY ORCHARD is 122m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 50% of detached houses in Lavendon, based on EPC data. The below chart shows the distribution of detached houses by size in Lavendon, and where 2 RECTORY ORCHARD lies on this distribution: 46% of detached houses are smaller than 2 RECTORY ORCHARD, and 54% of houses are larger. Note that EPC data is not available for all properties in Lavendon.

2 RECTORY ORCHARD: Plot and Title Map

2 RECTORY ORCHARD sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of 2 RECTORY ORCHARD, 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 RECTORY ORCHARD). 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 RECTORY ORCHARD?

2 RECTORY ORCHARD is located in LAVENDON, in the MK46 postcode district. The below map shows the position of No. 2 on RECTORY ORCHARD.