14, BROXBOURNE CLOSE, GIFFARD PARK, MILTON KEYNES, MK14 5JP - £239,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 BROXBOURNE CLOSE is a very small semi-detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £355,759. It was last sold for £239,000 in September 2015, which was around 6% above the average September 2015 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

14 BROXBOURNE CLOSE Sold Prices

Land registry data shows three sales for 14 BROXBOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. Two of the three 14 BROXBOURNE CLOSE sales were for above the average price, whilst one was 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
2015 30 SEP	£239,000	£226,227	6% above HPI
2003 15 APR	£50,000	£131,429	62% below HPI
1997 23 MAY	£57,500	£51,898	11% above HPI

14 BROXBOURNE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 14 BROXBOURNE CLOSE sales between May 1997 and September 2015 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 April 2003 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the September 2015 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 14 BROXBOURNE CLOSE be worth now?

14 BROXBOURNE CLOSE might now be worth an estimated £355,759.

This is based on house price inflation of 48.9%, between September 2015 and February 2025, for semi-detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.9% inflationary increase is applied to the most recent sale price for 14 BROXBOURNE CLOSE of £239,000 on 30th September 2015. For the value to have increased from £239,000 to £355,759 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 14 BROXBOURNE CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The September 2015 sale price of £239,000 represented a fair market value for the property.
• The size, condition, and specification of 14 BROXBOURNE CLOSE has not materially changed since September 2015.

How Large is 14 BROXBOURNE CLOSE?

14 BROXBOURNE CLOSE is 70m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 14 BROXBOURNE CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 14 BROXBOURNE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

14 BROXBOURNE CLOSE: Plot and Title Map

14 BROXBOURNE CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 14 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 14 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 14 BROXBOURNE CLOSE?

14 BROXBOURNE CLOSE is located in GIFFARD PARK, in the MK14 postcode district. The below map shows the position of No. 14 on BROXBOURNE CLOSE.