3, MITHRAS GARDENS, WAVENDON GATE, MILTON KEYNES, MK7 7SX - £375,000

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

3 MITHRAS GARDENS is a very small extended detached house of 70m², built sometime between 1991 and 1995. It was last sold for £375,000 in May 2022, which was around 24% below the average May 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

3 MITHRAS GARDENS Sold Prices

Land registry data shows four sales for 3 MITHRAS GARDENS 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 3 MITHRAS GARDENS 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
2022 20 MAY	£375,000	£496,074	24% below HPI
2015 27 APR	£265,000	£351,345	25% below HPI
1998 27 NOV	£86,000	£107,323	20% below HPI
1995 24 JUL	£68,000	£84,740	20% below HPI

3 MITHRAS GARDENS 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 3 MITHRAS GARDENS sales between July 1995 and May 2022 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 April 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 3 MITHRAS GARDENS?

3 MITHRAS GARDENS is 70m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% 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 3 MITHRAS GARDENS lies on this distribution: 5% of detached houses are smaller than 3 MITHRAS GARDENS, and 95% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 MITHRAS GARDENS: Plot and Title Map

3 MITHRAS GARDENS sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 3 MITHRAS GARDENS, 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 3 MITHRAS GARDENS). 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 3 MITHRAS GARDENS?

3 MITHRAS GARDENS is located in WAVENDON GATE, in the MK7 postcode district. The below map shows the position of No. 3 on MITHRAS GARDENS.