47, MARJORAM PLACE, CONNIBURROW, MILTON KEYNES, MK14 7AQ - £270,000

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

47 MARJORAM PLACE is a small extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £270,000 in July 2019, which was around 38% below the average July 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

47 MARJORAM PLACE Sold Prices

Land registry data shows three sales for 47 MARJORAM PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 47 MARJORAM PLACE 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
2019 1 JUL	£270,000	£435,413	38% below HPI
2006 19 MAY	£180,000	£255,831	30% below HPI
1998 24 SEP	£80,000	£106,100	25% below HPI

47 MARJORAM PLACE 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 three 47 MARJORAM PLACE sales between September 1998 and July 2019 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 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 47 MARJORAM PLACE?

47 MARJORAM PLACE is 109m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% 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 47 MARJORAM PLACE lies on this distribution: 36% of detached houses are smaller than 47 MARJORAM PLACE, and 63% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

47 MARJORAM PLACE: Plot and Title Map

47 MARJORAM PLACE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 47 MARJORAM PLACE, 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 47 MARJORAM PLACE). 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 47 MARJORAM PLACE?

47 MARJORAM PLACE is located in CONNIBURROW, in the MK14 postcode district. The below map shows the position of No. 47 on MARJORAM PLACE.