40, ORNE GARDENS, BOLBECK PARK, MILTON KEYNES, MK15 8PQ - £295,000

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

40 ORNE GARDENS is a very small extended detached house of 77m², built sometime between 1983 and 1990. It was last sold for £295,000 in December 2016, which was around 28% below the average December 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

40 ORNE GARDENS Sold Prices

Land registry data shows four sales for 40 ORNE 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 40 ORNE 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
2016 9 DEC	£295,000	£410,768	28% below HPI
2013 6 DEC	£205,000	£296,860	31% below HPI
2003 16 MAY	£164,000	£225,931	27% below HPI
1999 17 SEP	£87,500	£121,443	28% below HPI

40 ORNE 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 40 ORNE GARDENS sales between September 1999 and December 2016 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 December 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 40 ORNE GARDENS?

40 ORNE GARDENS is 77m², which includes two extensions, according to the EPC inspection conducted in March 2024. 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 40 ORNE GARDENS lies on this distribution: 9% of detached houses are smaller than 40 ORNE GARDENS, and 90% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

40 ORNE GARDENS: Plot and Title Map

40 ORNE GARDENS sits on a plot of roughly 0.048 of an acre, or 192m². The below map shows the location of 40 ORNE 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 40 ORNE 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 40 ORNE GARDENS?

40 ORNE GARDENS is located in BOLBECK PARK, in the MK15 postcode district. The below map shows the position of No. 40 on ORNE GARDENS.