2, VICTORY AVENUE, BROOKLANDS, MILTON KEYNES, MK10 7FU - £325,000

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 VICTORY AVENUE is a very small detached house of 85m². It was last sold for £325,000 in November 2019, which was around 25% below the average November 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was A.

2 VICTORY AVENUE Sold Prices

Land registry data shows two sales for 2 VICTORY AVENUE 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 VICTORY AVENUE 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 29 NOV	£325,000	£430,649	25% below HPI
2015 27 NOV	£272,995	£383,698	29% below HPI

2 VICTORY AVENUE 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 VICTORY AVENUE sales from November 2015 and November 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 November 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 VICTORY AVENUE?

2 VICTORY AVENUE is 85m² according to the EPC inspection conducted in October 2015. 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 VICTORY AVENUE lies on this distribution: 15% of detached houses are smaller than 2 VICTORY AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 VICTORY AVENUE: Plot and Title Map

2 VICTORY AVENUE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 2 VICTORY AVENUE, 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 VICTORY AVENUE). 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 VICTORY AVENUE?

2 VICTORY AVENUE is located in BROOKLANDS, in the MK10 postcode district. The below map shows the position of No. 2 on VICTORY AVENUE.