21, STERLING CLOSE, PENNYLAND, MILTON KEYNES, MK15 8AN - £240,000

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

21 STERLING CLOSE is a very small extended semi-detached house of 75m², built sometime between 1983 and 1990. It was last sold for £240,000 in March 2016, which was around 41% below the average March 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

21 STERLING CLOSE Sold Prices

Land registry data shows three sales for 21 STERLING 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 21 STERLING 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
2016 29 MAR	£240,000	£407,266	41% below HPI
2015 13 JUL	£194,000	£360,200	46% below HPI
2003 23 JUN	£77,000	£222,418	65% below HPI

21 STERLING 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 21 STERLING CLOSE sales between June 2003 and March 2016 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 July 2015 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2016 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 21 STERLING CLOSE?

21 STERLING CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in March 2024. 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 21 STERLING CLOSE lies on this distribution: 8% of detached houses are smaller than 21 STERLING CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

21 STERLING CLOSE: Plot and Title Map

21 STERLING CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 21 STERLING 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 21 STERLING 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 21 STERLING CLOSE?

21 STERLING CLOSE is located in PENNYLAND, in the MK15 postcode district. The below map shows the position of No. 21 on STERLING CLOSE.