4, MAYER GARDENS, SHENLEY LODGE, MILTON KEYNES, MK5 7EN - £390,000

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

4 MAYER GARDENS is a very small extended detached house of 74m², built sometime between 1996 and 2002. It was last sold for £390,000 in April 2023, which was around 25% below the average April 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

4 MAYER GARDENS Sold Prices

Land registry data shows four sales for 4 MAYER 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 4 MAYER 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 28 APR	£390,000	£520,697	25% below HPI
2007 26 APR	£232,000	£279,712	17% below HPI
2001 21 FEB	£115,000	£146,052	21% below HPI
1998 15 MAY	£81,995	£102,848	20% below HPI

4 MAYER 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 4 MAYER GARDENS sales between May 1998 and April 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 April 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 4 MAYER GARDENS?

4 MAYER GARDENS is 74m², which includes one extension, according to the EPC inspection conducted in October 2022. 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 4 MAYER GARDENS lies on this distribution: 7% of detached houses are smaller than 4 MAYER GARDENS, and 92% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

4 MAYER GARDENS: Plot and Title Map

4 MAYER GARDENS sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 4 MAYER 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 4 MAYER 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 4 MAYER GARDENS?

4 MAYER GARDENS is located in SHENLEY LODGE, in the MK5 postcode district. The below map shows the position of No. 4 on MAYER GARDENS.