12, BROXBOURNE CLOSE, GIFFARD PARK, MILTON KEYNES, MK14 5JP - £275,000

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

12 BROXBOURNE CLOSE is a very small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £275,000 in February 2019, which was around 35% below the average February 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

12 BROXBOURNE CLOSE Sold Prices

Land registry data shows two sales for 12 BROXBOURNE 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 12 BROXBOURNE 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 7 FEB	£275,000	£426,303	35% below HPI
2002 7 MAY	£132,000	£181,287	27% below HPI

12 BROXBOURNE 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 12 BROXBOURNE CLOSE sales from May 2002 and February 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 May 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 12 BROXBOURNE CLOSE?

12 BROXBOURNE CLOSE is 88m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% 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 12 BROXBOURNE CLOSE lies on this distribution: 18% of detached houses are smaller than 12 BROXBOURNE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

12 BROXBOURNE CLOSE: Plot and Title Map

12 BROXBOURNE CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 12 BROXBOURNE 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 12 BROXBOURNE 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 12 BROXBOURNE CLOSE?

12 BROXBOURNE CLOSE is located in GIFFARD PARK, in the MK14 postcode district. The below map shows the position of No. 12 on BROXBOURNE CLOSE.