2, QUADRANS CLOSE, PENNYLAND, MILTON KEYNES, MK15 8AU - £650,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 QUADRANS CLOSE is a large detached house of 135m², built sometime between 1983 and 1990. It was last sold for £650,000 in September 2022, which was around 25% above the average September 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

2 QUADRANS CLOSE Sold Prices

Land registry data shows three sales for 2 QUADRANS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 2 QUADRANS 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
2022 23 SEP	£650,000	£521,577	25% above HPI
2020 21 AUG	£537,500	£438,618	23% above HPI
2000 5 SEP	£250,000	£145,865	71% above HPI

2 QUADRANS 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 three 2 QUADRANS CLOSE sales between September 2000 and September 2022 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 August 2020 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2022 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 2 QUADRANS CLOSE?

2 QUADRANS CLOSE is 135m² according to the EPC inspection conducted in March 2022. This puts it in the largest 40% 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 QUADRANS CLOSE lies on this distribution: 62% of detached houses are smaller than 2 QUADRANS CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 QUADRANS CLOSE: Plot and Title Map

2 QUADRANS CLOSE sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of 2 QUADRANS 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 QUADRANS 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 QUADRANS CLOSE?

2 QUADRANS CLOSE is located in PENNYLAND, in the MK15 postcode district. The below map shows the position of No. 2 on QUADRANS CLOSE.