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 SHELLEY CLOSE is a small detached house of 96m², built sometime between 1967 and 1975. It was last sold for £425,000 in April 2021, which was around 5% below the average April 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 1 SHELLEY CLOSE since 1st 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 1 SHELLEY 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 19 APR | £425,000 | £448,635 | 5% below HPI |
2020 17 JAN | £325,000 | £428,948 | 24% 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 two 1 SHELLEY CLOSE sales from January 2020 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 January 2020 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
1 SHELLEY CLOSE is 96m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of detached houses in Newport Pagnell, based on EPC data. The below chart shows the distribution of detached houses by size in Newport Pagnell, and where 1 SHELLEY CLOSE lies on this distribution: 32% of detached houses are smaller than 1 SHELLEY CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.
1 SHELLEY CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 1 SHELLEY 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 SHELLEY 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 SHELLEY CLOSE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 1 on SHELLEY CLOSE.