10, HUGH PARKE CLOSE, LOUGHTON, MILTON KEYNES, MK5 8FG - £970,000

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

10 HUGH PARKE CLOSE is a very large extended detached house of 254m², built sometime from 2007 onwards. It was last sold for £970,000 in January 2022, which was around 97% above the average January 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

10 HUGH PARKE CLOSE Sold Prices

Land registry data shows four sales for 10 HUGH PARKE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 10 HUGH PARKE CLOSE sales were 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
2022 28 JAN	£970,000	£493,022	97% above HPI
2011 3 JUN	£540,000	£267,468	102% above HPI
2006 28 JUL	£500,000	£262,329	91% above HPI
2004 31 MAR	£467,500	£238,410	96% above HPI

10 HUGH PARKE 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 four 10 HUGH PARKE CLOSE sales between March 2004 and January 2022 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 June 2011 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the January 2022 sale, where it falls to 97% above the HPI. The line then continues to track at 97% above the HPI.

How Large is 10 HUGH PARKE CLOSE?

10 HUGH PARKE CLOSE is 254m², which includes three extensions, according to the EPC inspection conducted in October 2019. This puts it in the largest 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 10 HUGH PARKE CLOSE lies on this distribution: 98% of detached houses are smaller than 10 HUGH PARKE CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

10 HUGH PARKE CLOSE: Plot and Title Map

10 HUGH PARKE CLOSE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 10 HUGH PARKE 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 10 HUGH PARKE 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 10 HUGH PARKE CLOSE?

10 HUGH PARKE CLOSE is located in LOUGHTON, in the MK5 postcode district. The below map shows the position of No. 10 on HUGH PARKE CLOSE.