3, ORCHARD WAY, STOKE GOLDINGTON, NEWPORT PAGNELL, MK16 8PE - £350,000

3 ORCHARD WAY is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £350,000 in April 2021, which was around 22% below the average April 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

3 ORCHARD WAY Sold Prices

Land registry data shows two sales for 3 ORCHARD WAY 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. One of the two 3 ORCHARD WAY sales was for below the average price, whilst the other was for above 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
2021 27 APR	£350,000	£448,635	22% below HPI
1995 20 OCT	£85,000	£82,358	3% above HPI

3 ORCHARD WAY 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 3 ORCHARD WAY sales from October 1995 and April 2021 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 October 1995 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 ORCHARD WAY?

3 ORCHARD WAY is 68m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses in Stoke Goldington, based on EPC data. The below chart shows the distribution of detached houses by size in Stoke Goldington, and where 3 ORCHARD WAY lies on this distribution: 2% of detached houses are smaller than 3 ORCHARD WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Stoke Goldington.

3 ORCHARD WAY: Plot and Title Map

3 ORCHARD WAY sits on a plot of roughly 0.101 of an acre, or 411m². The below map shows the location of 3 ORCHARD WAY, 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 3 ORCHARD WAY). 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 3 ORCHARD WAY?

3 ORCHARD WAY is located in STOKE GOLDINGTON, in the MK16 postcode district. The below map shows the position of No. 3 on ORCHARD WAY.