37, HONDURAS GARDENS, NEWTON LEYS, MILTON KEYNES, MK3 5LY - £418,000

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

37 HONDURAS GARDENS is a midsized detached house of 115m². It was last sold for £418,000 in March 2023, which was around 18% below the average March 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2015, where the current energy rating was B, and the potential energy rating was B.

37 HONDURAS GARDENS Sold Prices

Land registry data shows two sales for 37 HONDURAS GARDENS 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 37 HONDURAS 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
2023 14 MAR	£418,000	£512,125	18% below HPI
2015 27 MAR	£280,000	£349,642	20% below HPI

37 HONDURAS 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 two 37 HONDURAS GARDENS sales from March 2015 and March 2023 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 March 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 37 HONDURAS GARDENS?

37 HONDURAS GARDENS is 115m² according to the EPC inspection conducted in April 2015. This puts it in the largest 50% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 37 HONDURAS GARDENS lies on this distribution: 52% of detached houses are smaller than 37 HONDURAS GARDENS, and 46% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

37 HONDURAS GARDENS: Plot and Title Map

37 HONDURAS GARDENS sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 37 HONDURAS 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 37 HONDURAS 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 37 HONDURAS GARDENS?

37 HONDURAS GARDENS is located in NEWTON LEYS, in the MK3 postcode district. The below map shows the position of No. 37 on HONDURAS GARDENS.