2, PINKS CLOSE, LOUGHTON, MILTON KEYNES, MK5 8FF - £600,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 PINKS CLOSE is a large extended detached house of 147m², built sometime between 1996 and 2002, which could now be worth an estimated £940,899. It was last sold for £600,000 in February 2015, which was around 66% above the average February 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

2 PINKS CLOSE Sold Prices

Land registry data shows four sales for 2 PINKS 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 PINKS 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
2015 25 FEB	£600,000	£360,564	66% above HPI
2010 23 SEP	£510,000	£288,646	77% above HPI
2004 11 AUG	£395,000	£256,860	54% above HPI
2000 19 JUL	£295,000	£144,566	104% above HPI

2 PINKS 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 PINKS CLOSE sales between July 2000 and February 2015 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 September 2010 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the February 2015 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 2 PINKS CLOSE be worth now?

2 PINKS CLOSE might now be worth an estimated £940,899.

This is based on house price inflation of 56.8%, between February 2015 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.8% inflationary increase is applied to the most recent sale price for 2 PINKS CLOSE of £600,000 on 25th February 2015. For the value to have increased from £600,000 to £940,899 over the ten years to February 2025, the following assumptions must hold true:

• The value of 2 PINKS CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The February 2015 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PINKS CLOSE has not materially changed since February 2015.

How Large is 2 PINKS CLOSE?

2 PINKS CLOSE is 147m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the largest 30% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 2 PINKS CLOSE lies on this distribution: 72% of detached houses houses are smaller than 2 PINKS CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 PINKS CLOSE: Plot and Title Map

2 PINKS CLOSE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 2 PINKS 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 PINKS 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 PINKS CLOSE?

2 PINKS CLOSE is located in LOUGHTON, in the MK5 postcode district. The below map shows the position of No. 2 on PINKS CLOSE.