2, GILLAMOOR CLOSE, EMERSON VALLEY, MILTON KEYNES, MK4 2GA - £162,250

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 GILLAMOOR CLOSE is a very small detached house of 55m², built sometime between 1991 and 1995. It was last sold for £162,250 in October 2010, which was around 40% below the average October 2010 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

2 GILLAMOOR CLOSE Sold Prices

Land registry data shows two sales for 2 GILLAMOOR 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 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
2010 27 OCT	£162,250	£272,335	40% below HPI
1998 30 OCT	£66,950	£106,585	37% below HPI

2 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 two 2 GILLAMOOR CLOSE sales from October 1998 and October 2010 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 1998 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2010 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 GILLAMOOR CLOSE?

2 GILLAMOOR CLOSE is 55m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 GILLAMOOR CLOSE lies on this distribution: 1% of detached houses are smaller than 2 GILLAMOOR CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 GILLAMOOR CLOSE: Plot and Title Map

2 GILLAMOOR CLOSE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 2 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 2 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 2 GILLAMOOR CLOSE?

2 GILLAMOOR CLOSE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 2 on GILLAMOOR CLOSE.