48, SHORHAM RISE, TWO MILE ASH, MILTON KEYNES, MK8 8BS - £220,000

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

48 SHORHAM RISE is a small extended detached house of 109m², built sometime between 1983 and 1990. It was last sold for £220,000 in January 2012, which was around 21% below the average January 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

48 SHORHAM RISE Sold Prices

Land registry data shows two sales for 48 SHORHAM RISE 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 48 SHORHAM RISE 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
2012 27 JAN	£220,000	£277,554	21% below HPI
2000 25 FEB	£120,000	£127,693	6% below HPI

48 SHORHAM RISE 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 48 SHORHAM RISE sales from February 2000 and January 2012 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 February 2000 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2012 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 48 SHORHAM RISE?

48 SHORHAM RISE is 109m², which includes two extensions, according to the EPC inspection conducted in March 2018. 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 48 SHORHAM RISE lies on this distribution: 36% of detached houses are smaller than 48 SHORHAM RISE, and 63% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

48 SHORHAM RISE: Plot and Title Map

48 SHORHAM RISE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 48 SHORHAM RISE, 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 48 SHORHAM RISE). 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 48 SHORHAM RISE?

48 SHORHAM RISE is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 48 on SHORHAM RISE.