2, ALBUS CLOSE, FAIRFIELDS, MILTON KEYNES, MK11 4BH - £795,000

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

2 ALBUS CLOSE is a very large detached house of 246m². It was last sold for £795,000 in October 2023, which was around 54% above the average October 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was B.

2 ALBUS CLOSE Sold Prices

Land registry data shows two sales for 2 ALBUS CLOSE since 1^st 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 2 ALBUS CLOSE sales were 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
2023 20 OCT	£795,000	£515,999	54% above HPI
2018 29 JUN	£740,995	£440,071	68% above HPI

2 ALBUS 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 two 2 ALBUS CLOSE sales from June 2018 and October 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 June 2018 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the October 2023 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 2 ALBUS CLOSE?

2 ALBUS CLOSE is 246m² according to the EPC inspection conducted in June 2018. This puts it in the largest 10% 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 2 ALBUS CLOSE lies on this distribution: 97% of detached houses are smaller than 2 ALBUS CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 ALBUS CLOSE: Plot and Title Map

2 ALBUS CLOSE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 2 ALBUS 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 2 ALBUS 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 2 ALBUS CLOSE?

2 ALBUS CLOSE is located in FAIRFIELDS, in the MK11 postcode district. The below map shows the position of No. 2 on ALBUS CLOSE.