2, TYNEMOUTH RISE, MONKSTON, MILTON KEYNES, MK10 9JB - £342,000

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 TYNEMOUTH RISE is a very small extended detached house of 85m², built sometime between 1996 and 2002. It was last sold for £342,000 in May 2019, which was around 19% below the average May 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

2 TYNEMOUTH RISE Sold Prices

Land registry data shows four sales for 2 TYNEMOUTH RISE 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 TYNEMOUTH RISE 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 23 MAY	£342,000	£424,197	19% below HPI
2007 11 DEC	£244,500	£302,780	19% below HPI
2005 26 AUG	£206,000	£250,576	18% below HPI
2002 28 FEB	£142,950	£175,387	18% below HPI

2 TYNEMOUTH RISE 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 TYNEMOUTH RISE sales between February 2002 and May 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 December 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2019 sale, which was also at 19% below the HPI.

How Large is 2 TYNEMOUTH RISE?

2 TYNEMOUTH RISE is 85m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% 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 TYNEMOUTH RISE lies on this distribution: 15% of detached houses are smaller than 2 TYNEMOUTH RISE, and 84% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 TYNEMOUTH RISE: Plot and Title Map

2 TYNEMOUTH RISE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 2 TYNEMOUTH RISE, 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 TYNEMOUTH RISE). 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 TYNEMOUTH RISE?

2 TYNEMOUTH RISE is located in MONKSTON, in the MK10 postcode district. The below map shows the position of No. 2 on TYNEMOUTH RISE.