1, FOSSEY CLOSE, SHENLEY BROOK END, MILTON KEYNES, MK5 7FT - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 FOSSEY CLOSE is a very small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £175,000 in September 2011, which was around 38% below the average September 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

1 FOSSEY CLOSE Sold Prices

Land registry data shows three sales for 1 FOSSEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 1 FOSSEY 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
2011 16 SEP	£175,000	£280,607	38% below HPI
2007 31 JUL	£35,000	£291,864	88% below HPI
2003 10 JAN	£133,600	£222,582	40% below HPI

1 FOSSEY 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 three 1 FOSSEY CLOSE sales between January 2003 and September 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 July 2007 sale was for 88% below the HPI. So the extrapolation line tracks at 88% below the HPI over time, until the September 2011 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 1 FOSSEY CLOSE?

1 FOSSEY CLOSE is 74m² according to the EPC inspection conducted in March 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 1 FOSSEY CLOSE lies on this distribution: 7% of detached houses are smaller than 1 FOSSEY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 FOSSEY CLOSE: Plot and Title Map

1 FOSSEY CLOSE sits on a plot of roughly 2.3 acres, or 9,485m². The below map shows the location of 1 FOSSEY 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 FOSSEY 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 1 FOSSEY CLOSE?

1 FOSSEY CLOSE is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 1 on FOSSEY CLOSE.