2, THE RYDING, SHENLEY BROOK END, MILTON KEYNES, MK5 7FW - £525,000

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 THE RYDING is a midsized extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £525,000 in October 2021, which was around 11% above the average October 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

2 THE RYDING Sold Prices

Land registry data shows four sales for 2 THE RYDING 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. Most of the four 2 THE RYDING 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
2021 8 OCT	£525,000	£474,086	11% above HPI
2015 28 JAN	£364,995	£341,733	7% above HPI
2013 9 MAY	£280,000	£287,007	2% below HPI
2001 16 FEB	£170,000	£146,052	16% above HPI

2 THE RYDING 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 THE RYDING sales between February 2001 and October 2021 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 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 2 THE RYDING?

2 THE RYDING is 123m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 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 THE RYDING lies on this distribution: 50% of detached houses are smaller than 2 THE RYDING, and 49% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 THE RYDING: Plot and Title Map

2 THE RYDING sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 2 THE RYDING, 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 THE RYDING). 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 THE RYDING?

2 THE RYDING is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 2 on THE RYDING.