16, GAINSBOROUGH CLOSE, GRANGE FARM, MILTON KEYNES, MK8 0NA - £410,000

16 GAINSBOROUGH CLOSE is a large detached house of 136m², built sometime between 2003 and 2006. It was last sold for £410,000 in October 2020, which was around 8% below the average October 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

16 GAINSBOROUGH CLOSE Sold Prices

Land registry data shows two sales for 16 GAINSBOROUGH CLOSE 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 16 GAINSBOROUGH CLOSE 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
2020 2 OCT	£410,000	£444,494	8% below HPI
2003 23 JAN	£282,500	£222,582	27% above HPI

16 GAINSBOROUGH CLOSE 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 16 GAINSBOROUGH CLOSE sales from January 2003 and October 2020 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 January 2003 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 16 GAINSBOROUGH CLOSE?

16 GAINSBOROUGH CLOSE is 136m² according to the EPC inspection conducted in June 2012. This puts it in the largest 40% 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 16 GAINSBOROUGH CLOSE lies on this distribution: 63% of detached houses are smaller than 16 GAINSBOROUGH CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 GAINSBOROUGH CLOSE: Plot and Title Map

16 GAINSBOROUGH CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 16 GAINSBOROUGH CLOSE, 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 16 GAINSBOROUGH CLOSE). 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 16 GAINSBOROUGH CLOSE?

16 GAINSBOROUGH CLOSE is located in GRANGE FARM, in the MK8 postcode district. The below map shows the position of No. 16 on GAINSBOROUGH CLOSE.