15, GILLAMOOR CLOSE, EMERSON VALLEY, MILTON KEYNES, MK4 2GA - £198,000

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

15 GILLAMOOR CLOSE is a very small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £198,000 in June 2005, which was around 22% below the average June 2005 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

15 GILLAMOOR CLOSE Sold Prices

Land registry data shows four sales for 15 GILLAMOOR CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Most of the four 15 GILLAMOOR 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
2005 13 JUN	£198,000	£253,939	22% below HPI
2003 15 JAN	£178,000	£222,582	20% below HPI
2000 9 JUN	£135,000	£138,476	3% below HPI
1998 18 DEC	£109,950	£108,408	1% above HPI

15 GILLAMOOR 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 four 15 GILLAMOOR CLOSE sales between December 1998 and June 2005 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 January 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2005 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 15 GILLAMOOR CLOSE?

15 GILLAMOOR CLOSE is 85m² according to the EPC inspection conducted in December 2013. 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 15 GILLAMOOR CLOSE lies on this distribution: 15% of detached houses are smaller than 15 GILLAMOOR CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

15 GILLAMOOR CLOSE: Plot and Title Map

15 GILLAMOOR CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 15 GILLAMOOR 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 15 GILLAMOOR 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 15 GILLAMOOR CLOSE?

15 GILLAMOOR CLOSE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 15 on GILLAMOOR CLOSE.