38, MINERVA GARDENS, WAVENDON GATE, MILTON KEYNES, MK7 7SR - £249,000

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

38 MINERVA GARDENS is a small extended detached house of 91m², built sometime between 1991 and 1995. It was last sold for £249,000 in September 2013, which was around 16% below the average September 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.

38 MINERVA GARDENS Sold Prices

Land registry data shows four sales for 38 MINERVA 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 38 MINERVA 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
2013 30 SEP	£249,000	£294,794	16% below HPI
2008 6 MAY	£248,000	£295,816	16% below HPI
2002 26 JUN	£168,000	£186,552	10% below HPI
1997 25 JUL	£87,500	£93,887	7% below HPI

38 MINERVA 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 38 MINERVA GARDENS sales between July 1997 and September 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 May 2008 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2013 sale, which was also at 16% below the HPI.

How Large is 38 MINERVA GARDENS?

38 MINERVA GARDENS is 91m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 30% 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 38 MINERVA GARDENS lies on this distribution: 20% of detached houses are smaller than 38 MINERVA GARDENS, and 79% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

38 MINERVA GARDENS: Plot and Title Map

38 MINERVA GARDENS sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 38 MINERVA 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 38 MINERVA 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 38 MINERVA GARDENS?

38 MINERVA GARDENS is located in WAVENDON GATE, in the MK7 postcode district. The below map shows the position of No. 38 on MINERVA GARDENS.