11, WAKEFIELD CLOSE, NEATH HILL, MILTON KEYNES, MK14 6JQ - £375,000

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

11 WAKEFIELD CLOSE is a small extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £375,000 in July 2024, which was around 31% below the average July 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

11 WAKEFIELD CLOSE Sold Prices

Land registry data shows four sales for 11 WAKEFIELD 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 11 WAKEFIELD 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
2024 9 JUL	£375,000	£542,646	31% below HPI
2021 27 MAY	£312,500	£445,943	30% below HPI
2001 28 MAR	£125,000	£147,253	15% below HPI
1998 26 JUN	£81,000	£104,860	23% below HPI

11 WAKEFIELD 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 11 WAKEFIELD CLOSE sales between June 1998 and July 2024 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 May 2021 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2024 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 11 WAKEFIELD CLOSE?

11 WAKEFIELD CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 30% 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 11 WAKEFIELD CLOSE lies on this distribution: 30% of detached houses are smaller than 11 WAKEFIELD CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

11 WAKEFIELD CLOSE: Plot and Title Map

11 WAKEFIELD CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 11 WAKEFIELD 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 11 WAKEFIELD 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 11 WAKEFIELD CLOSE?

11 WAKEFIELD CLOSE is located in NEATH HILL, in the MK14 postcode district. The below map shows the position of No. 11 on WAKEFIELD CLOSE.