12, GORDALE, HEELANDS, MILTON KEYNES, MK13 7NQ - £165,000

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 GORDALE is a very small detached house of 68m², built sometime between 1976 and 1982. It was last sold for £165,000 in February 2010, which was around 37% below the average February 2010 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

12 GORDALE Sold Prices

Land registry data shows two sales for 12 GORDALE 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 GORDALE 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
2010 26 FEB	£165,000	£262,141	37% below HPI
2001 14 DEC	£100,000	£173,206	42% below HPI

12 GORDALE 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 GORDALE sales from December 2001 and February 2010 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 2001 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2010 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 12 GORDALE?

12 GORDALE is 68m² according to the EPC inspection conducted in February 2019. 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 12 GORDALE lies on this distribution: 4% of detached houses are smaller than 12 GORDALE, and 96% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

12 GORDALE: Plot and Title Map

12 GORDALE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 12 GORDALE, 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 GORDALE). 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 GORDALE?

12 GORDALE is located in HEELANDS, in the MK13 postcode district. The below map shows the position of No. 12 on GORDALE.