2, CHANCERY CLOSE, BRADVILLE, MILTON KEYNES, MK13 7HZ - £330,000

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 CHANCERY CLOSE is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £330,000 in October 2020, which was around 26% below the average October 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

2 CHANCERY CLOSE Sold Prices

Land registry data shows four sales for 2 CHANCERY 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. All of the four 2 CHANCERY 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
2020 9 OCT	£330,000	£444,494	26% below HPI
2012 12 OCT	£229,500	£287,548	20% below HPI
2004 10 SEP	£219,995	£251,776	13% below HPI
2003 6 NOV	£165,000	£237,906	31% below HPI

2 CHANCERY 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 2 CHANCERY CLOSE sales between November 2003 and October 2020 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 October 2012 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 CHANCERY CLOSE?

2 CHANCERY CLOSE is 86m² according to the EPC inspection conducted in September 2011. 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 2 CHANCERY CLOSE lies on this distribution: 16% of detached houses are smaller than 2 CHANCERY CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 CHANCERY CLOSE: Plot and Title Map

2 CHANCERY CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 2 CHANCERY 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 CHANCERY 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 CHANCERY CLOSE?

2 CHANCERY CLOSE is located in BRADVILLE, in the MK13 postcode district. The below map shows the position of No. 2 on CHANCERY CLOSE.