88, MAYER GARDENS, SHENLEY LODGE, MILTON KEYNES, MK5 7EW - £148,500

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

88 MAYER GARDENS is a very small semi-detached house of 55m², built sometime between 1983 and 1990. It was last sold for £148,500 in April 2011, which was around 44% below the average April 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

88 MAYER GARDENS Sold Prices

Land registry data shows two sales for 88 MAYER GARDENS 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 88 MAYER 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
2011 21 APR	£148,500	£262,983	44% below HPI
1998 27 NOV	£63,995	£107,323	40% below HPI

88 MAYER 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 two 88 MAYER GARDENS sales from November 1998 and April 2011 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 November 1998 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the April 2011 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 88 MAYER GARDENS?

88 MAYER GARDENS is 55m² according to the EPC inspection conducted in February 2011. 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 88 MAYER GARDENS lies on this distribution: 1% of detached houses are smaller than 88 MAYER GARDENS, and 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

88 MAYER GARDENS: Plot and Title Map

88 MAYER GARDENS sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 88 MAYER 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 88 MAYER 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 88 MAYER GARDENS?

88 MAYER GARDENS is located in SHENLEY LODGE, in the MK5 postcode district. The below map shows the position of No. 88 on MAYER GARDENS.