3, REDVERS GATE, BOLBECK PARK, MILTON KEYNES, MK15 8QJ - £650,000

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

3 REDVERS GATE is a very large extended detached house of 173m², built sometime between 1983 and 1990. It was last sold for £650,000 in December 2022, which was around 22% above the average December 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

3 REDVERS GATE Sold Prices

Land registry data shows two sales for 3 REDVERS GATE 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 3 REDVERS GATE 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
2022 9 DEC	£650,000	£532,265	22% above HPI
2000 14 JUL	£230,000	£139,860	64% above HPI

3 REDVERS GATE 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 3 REDVERS GATE sales from July 2000 and December 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 July 2000 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the December 2022 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 3 REDVERS GATE?

3 REDVERS GATE is 173m², which includes one extension, according to the EPC inspection conducted in September 2020. 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 3 REDVERS GATE lies on this distribution: 84% of detached houses are smaller than 3 REDVERS GATE, and 16% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 REDVERS GATE: Plot and Title Map

3 REDVERS GATE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 3 REDVERS GATE, 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 REDVERS GATE). 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 REDVERS GATE?

3 REDVERS GATE is located in BOLBECK PARK, in the MK15 postcode district. The below map shows the position of No. 3 on REDVERS GATE.