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
1 BRIDLE CLOSE is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £298,000 in March 2021, which was around 34% below the average March 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 1 BRIDLE CLOSE since 1st 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 1 BRIDLE CLOSE 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 |
---|---|---|---|
2021 12 MAR | £298,000 | £451,575 | 34% below HPI |
2012 13 JUL | £160,000 | £281,068 | 43% below HPI |
2006 16 JUN | £189,000 | £256,612 | 26% below HPI |
2004 30 APR | £157,000 | £236,806 | 34% below HPI |
1995 24 MAY | £55,000 | £81,964 | 33% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The five 1 BRIDLE CLOSE sales between May 1995 and March 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 July 2012 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.
1 BRIDLE CLOSE is 61m² according to the EPC inspection conducted in April 2012. 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 1 BRIDLE CLOSE lies on this distribution: 2% of detached houses are smaller than 1 BRIDLE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
1 BRIDLE CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 1 BRIDLE 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 1 BRIDLE 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.
1 BRIDLE CLOSE is located in BRADVILLE, in the MK13 postcode district. The below map shows the position of No. 1 on BRIDLE CLOSE.