11, WELBECK CLOSE, MONKSTON, MILTON KEYNES, MK10 9HQ - £288,000

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 WELBECK CLOSE is a very small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £288,000 in June 2019, which was around 32% below the average June 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

11 WELBECK CLOSE Sold Prices

Land registry data shows two sales for 11 WELBECK CLOSE since 1^st 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 11 WELBECK 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
2019 5 JUN	£288,000	£425,795	32% below HPI
2001 18 SEP	£119,000	£169,774	30% below HPI

11 WELBECK 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 two 11 WELBECK CLOSE sales from September 2001 and June 2019 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 September 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 11 WELBECK CLOSE?

11 WELBECK CLOSE is 75m² according to the EPC inspection conducted in October 2018. 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 11 WELBECK CLOSE lies on this distribution: 8% of detached houses are smaller than 11 WELBECK CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

11 WELBECK CLOSE: Plot and Title Map

11 WELBECK CLOSE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 11 WELBECK 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 WELBECK 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 WELBECK CLOSE?

11 WELBECK CLOSE is located in MONKSTON, in the MK10 postcode district. The below map shows the position of No. 11 on WELBECK CLOSE.