Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
14 HOUSMAN CLOSE is a small extended detached house of 92m², built sometime between 1991 and 1995. It was last sold for £415,000 in May 2023, which was around 20% below the average May 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 14 HOUSMAN CLOSE since 1st 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 14 HOUSMAN 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 |
---|---|---|---|
2023 25 MAY | £415,000 | £518,530 | 20% below HPI |
1995 28 APR | £75,000 | £81,027 | 7% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 14 HOUSMAN CLOSE sales from April 1995 and May 2023 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 1995 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
14 HOUSMAN CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 30% of detached houses in Newport Pagnell, based on EPC data. The below chart shows the distribution of detached houses by size in Newport Pagnell, and where 14 HOUSMAN CLOSE lies on this distribution: 26% of detached houses are smaller than 14 HOUSMAN CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.
14 HOUSMAN CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 14 HOUSMAN 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 HOUSMAN 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.
14 HOUSMAN CLOSE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 14 on HOUSMAN CLOSE.