2, WELDON RISE, LOUGHTON, MILTON KEYNES, MK5 8BW - £480,000

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 WELDON RISE is a very large extended detached house of 169m², built sometime between 1996 and 2002. It was last sold for £480,000 in May 2005, which was around 88% above the average May 2005 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

2 WELDON RISE Sold Prices

Land registry data shows two sales for 2 WELDON RISE 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 WELDON RISE 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
2005 25 MAY	£480,000	£254,694	88% above HPI
2000 29 SEP	£393,000	£145,865	169% above HPI

2 WELDON 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 two 2 WELDON RISE sales from September 2000 and May 2005 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 September 2000 sale was for 169% above the HPI. So the extrapolation line tracks at 169% above the HPI over time, until the May 2005 sale, where it falls to 88% above the HPI. The line then continues to track at 88% above the HPI.

How Large is 2 WELDON RISE?

2 WELDON RISE is 169m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 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 WELDON RISE lies on this distribution: 82% of detached houses are smaller than 2 WELDON RISE, and 18% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 WELDON RISE: Plot and Title Map

2 WELDON RISE sits on a plot of roughly 0.244 of an acre, or 987m². The below map shows the location of 2 WELDON 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 WELDON 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 WELDON RISE?

2 WELDON RISE is located in LOUGHTON, in the MK5 postcode district. The below map shows the position of No. 2 on WELDON RISE.