51, MARJORAM PLACE, CONNIBURROW, MILTON KEYNES, MK14 7AQ - £295,000

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

51 MARJORAM PLACE is a small detached house of 91m², built sometime between 1976 and 1982. It was last sold for £295,000 in August 2018, which was around 34% below the average August 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was B.

51 MARJORAM PLACE Sold Prices

Land registry data shows three sales for 51 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 51 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
2018 17 AUG	£295,000	£444,215	34% below HPI
2003 20 FEB	£160,000	£227,042	30% below HPI
2000 14 APR	£82,995	£134,108	38% below HPI

51 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 51 MARJORAM PLACE sales between April 2000 and August 2018 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 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2018 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 51 MARJORAM PLACE?

51 MARJORAM PLACE is 91m² according to the EPC inspection conducted in October 2014. 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 51 MARJORAM PLACE lies on this distribution: 20% of detached houses are smaller than 51 MARJORAM PLACE, and 79% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

51 MARJORAM PLACE: Plot and Title Map

51 MARJORAM PLACE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 51 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 51 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 51 MARJORAM PLACE?

51 MARJORAM PLACE is located in CONNIBURROW, in the MK14 postcode district. The below map shows the position of No. 51 on MARJORAM PLACE.