2, NORTH CLOSE, DRAYTON PARSLOW, MILTON KEYNES, MK17 0JQ - £440,000

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 NORTH CLOSE is a very small detached house of 85m², built sometime between 1976 and 1982. It was last sold for £440,000 in October 2023, which was around 46% below the average October 2023 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

2 NORTH CLOSE Sold Prices

Land registry data shows two sales for 2 NORTH 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 Buckinghamshire local authority area for the corresponding sale date. Both of the two 2 NORTH 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
2023 26 OCT	£440,000	£815,223	46% below HPI
2005 14 DEC	£235,000	£407,871	42% below HPI

2 NORTH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The two 2 NORTH CLOSE sales from December 2005 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 December 2005 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2023 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 2 NORTH CLOSE?

2 NORTH CLOSE is 85m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses in Drayton Parslow, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton Parslow, and where 2 NORTH CLOSE lies on this distribution: 13% of detached houses are smaller than 2 NORTH CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Drayton Parslow.

2 NORTH CLOSE: Plot and Title Map

2 NORTH CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 2 NORTH 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 NORTH 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 NORTH CLOSE?

2 NORTH CLOSE is located in DRAYTON PARSLOW, in the MK17 postcode district. The below map shows the position of No. 2 on NORTH CLOSE.