12, IRELAND CLOSE, BROWNS WOOD, MILTON KEYNES, MK7 8EQ - £430,000

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 IRELAND CLOSE is a small extended detached house of 113m², built sometime between 1991 and 1995. It was last sold for £430,000 in December 2017, which was around 3% below the average December 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

12 IRELAND CLOSE Sold Prices

Land registry data shows three sales for 12 IRELAND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Two of the three 12 IRELAND CLOSE sales were for below the average price, whilst one was 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
2017 20 DEC	£430,000	£442,444	3% below HPI
2002 16 SEP	£190,000	£203,334	7% below HPI
1996 26 APR	£87,500	£83,877	4% above HPI

12 IRELAND 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 three 12 IRELAND CLOSE sales between April 1996 and December 2017 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 2002 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2017 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 12 IRELAND CLOSE?

12 IRELAND CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% 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 IRELAND CLOSE lies on this distribution: 40% of detached houses are smaller than 12 IRELAND CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

12 IRELAND CLOSE: Plot and Title Map

12 IRELAND CLOSE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 12 IRELAND 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 IRELAND 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 IRELAND CLOSE?

12 IRELAND CLOSE is located in BROWNS WOOD, in the MK7 postcode district. The below map shows the position of No. 12 on IRELAND CLOSE.