1, THE CLOSE, WOUGHTON ON THE GREEN, MILTON KEYNES, MK6 3BD - £420,000

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 THE CLOSE is a midsized extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £420,000 in July 2018, which was around 4% below the average July 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was D.

1 THE CLOSE Sold Prices

Land registry data shows three sales for 1 THE 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 THE 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
2018 27 JUL	£420,000	£439,174	4% below HPI
2009 23 DEC	£225,000	£262,248	14% below HPI
1997 14 NOV	£84,000	£97,943	14% below HPI

1 THE 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 THE CLOSE sales between November 1997 and July 2018 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 December 2009 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 1 THE CLOSE?

1 THE CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 50% 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 THE CLOSE lies on this distribution: 41% of detached houses are smaller than 1 THE CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 THE CLOSE: Plot and Title Map

1 THE CLOSE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 1 THE 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 THE 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 THE CLOSE?

1 THE CLOSE is located in WOUGHTON ON THE GREEN, in the MK6 postcode district. The below map shows the position of No. 1 on THE CLOSE.