22, SHORHAM RISE, TWO MILE ASH, MILTON KEYNES, MK8 8BS - £221,500

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

22 SHORHAM RISE is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £221,500 in August 2013, which was around 25% below the average August 2013 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

22 SHORHAM RISE Sold Prices

Land registry data shows four sales for 22 SHORHAM 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 22 SHORHAM 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
2013 12 AUG	£221,500	£294,610	25% below HPI
2006 29 SEP	£200,000	£268,453	25% below HPI
2001 18 MAY	£124,000	£152,637	19% below HPI
1997 19 DEC	£80,000	£97,820	18% below HPI

22 SHORHAM 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 22 SHORHAM RISE sales between December 1997 and August 2013 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 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2013 sale, which was also at 25% below the HPI.

How Large is 22 SHORHAM RISE?

22 SHORHAM RISE is 80m² according to the EPC inspection conducted in April 2013. 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 22 SHORHAM RISE lies on this distribution: 11% of detached houses are smaller than 22 SHORHAM RISE, and 88% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

22 SHORHAM RISE: Plot and Title Map

22 SHORHAM RISE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 22 SHORHAM 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 22 SHORHAM 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 22 SHORHAM RISE?

22 SHORHAM RISE is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 22 on SHORHAM RISE.