7, RECTORY ORCHARD, LAVENDON, OLNEY, MK46 4HB - £320,000

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

7 RECTORY ORCHARD is a midsized extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £320,000 in January 2017, which was around 24% below the average January 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

7 RECTORY ORCHARD Sold Prices

Land registry data shows five sales for 7 RECTORY ORCHARD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 7 RECTORY ORCHARD 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
2017 27 JAN	£320,000	£419,366	24% below HPI
2013 3 MAY	£230,500	£287,007	20% below HPI
2008 17 JAN	£231,500	£298,417	22% below HPI
2003 7 OCT	£198,000	£233,033	15% below HPI
2000 4 FEB	£110,000	£127,693	14% below HPI

7 RECTORY ORCHARD 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 five 7 RECTORY ORCHARD sales between February 2000 and January 2017 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 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 7 RECTORY ORCHARD?

7 RECTORY ORCHARD is 114m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% of detached houses in Lavendon, based on EPC data. The below chart shows the distribution of detached houses by size in Lavendon, and where 7 RECTORY ORCHARD lies on this distribution: 41% of detached houses are smaller than 7 RECTORY ORCHARD, and 58% of houses are larger. Note that EPC data is not available for all properties in Lavendon.

7 RECTORY ORCHARD: Plot and Title Map

7 RECTORY ORCHARD sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 7 RECTORY ORCHARD, 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 7 RECTORY ORCHARD). 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 7 RECTORY ORCHARD?

7 RECTORY ORCHARD is located in LAVENDON, in the MK46 postcode district. The below map shows the position of No. 7 on RECTORY ORCHARD.