3, ORKNEY WAY, WHITEHOUSE, MILTON KEYNES, MK8 1EU - £560,000

3 ORKNEY WAY is a large detached house of 148m², built in 2021. It was last sold for £560,000 in July 2022, which was around 11% above the average July 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was A.

3 ORKNEY WAY Sold Prices

Land registry data shows two sales for 3 ORKNEY 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. Both of the two 3 ORKNEY WAY sales were 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
2022 12 JUL	£560,000	£506,226	11% above HPI
2021 13 AUG	£530,000	£472,367	12% above HPI

3 ORKNEY 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 ORKNEY WAY sales from August 2021 and July 2022 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 August 2021 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 3 ORKNEY WAY?

3 ORKNEY WAY is 148m² according to the EPC inspection conducted in March 2021. This puts it in the largest 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 3 ORKNEY WAY lies on this distribution: 72% of detached houses are smaller than 3 ORKNEY WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 ORKNEY WAY: Plot and Title Map

3 ORKNEY WAY sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 3 ORKNEY 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 ORKNEY 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 ORKNEY WAY?

3 ORKNEY WAY is located in WHITEHOUSE, in the MK8 postcode district. The below map shows the position of No. 3 on ORKNEY WAY.