15, WELBECK CLOSE, MONKSTON, MILTON KEYNES, MK10 9HQ - £400,000

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

15 WELBECK CLOSE is a small extended detached house of 100m², built sometime between 1991 and 1995. It was last sold for £400,000 in July 2022, which was around 21% below the average July 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

15 WELBECK CLOSE Sold Prices

Land registry data shows six sales for 15 WELBECK CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the six 15 WELBECK 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
2022 27 JUL	£400,000	£504,774	21% below HPI
2015 3 AUG	£295,000	£367,219	20% below HPI
2012 25 MAY	£240,000	£278,911	14% below HPI
2007 6 JUL	£245,000	£291,864	16% below HPI
2004 27 AUG	£225,000	£248,498	9% below HPI
2001 14 DEC	£155,000	£173,206	11% below HPI

15 WELBECK 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 six 15 WELBECK CLOSE sales between December 2001 and July 2022 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 August 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 15 WELBECK CLOSE?

15 WELBECK CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% 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 WELBECK CLOSE lies on this distribution: 29% of detached houses are smaller than 15 WELBECK CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

15 WELBECK CLOSE: Plot and Title Map

15 WELBECK CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 15 WELBECK 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 WELBECK 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 WELBECK CLOSE?

15 WELBECK CLOSE is located in MONKSTON, in the MK10 postcode district. The below map shows the position of No. 15 on WELBECK CLOSE.