23, RATHBONE CLOSE, CROWNHILL, MILTON KEYNES, MK8 0DT - £245,000

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

23 RATHBONE CLOSE is a small detached house of 112m², built sometime between 1983 and 1990. It was last sold for £245,000 in January 2013, which was around 14% below the average January 2013 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

23 RATHBONE CLOSE Sold Prices

Land registry data shows two sales for 23 RATHBONE 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. One of the two 23 RATHBONE CLOSE sales was for below the average price, whilst the other was 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
2013 29 JAN	£245,000	£284,119	14% below HPI
2001 1 OCT	£192,000	£169,972	13% above HPI

23 RATHBONE 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 23 RATHBONE CLOSE sales from October 2001 and January 2013 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 2001 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2013 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 23 RATHBONE CLOSE?

23 RATHBONE CLOSE is 112m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 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 23 RATHBONE CLOSE lies on this distribution: 39% of detached houses are smaller than 23 RATHBONE CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

23 RATHBONE CLOSE: Plot and Title Map

23 RATHBONE CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 23 RATHBONE 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 23 RATHBONE 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 23 RATHBONE CLOSE?

23 RATHBONE CLOSE is located in CROWNHILL, in the MK8 postcode district. The below map shows the position of No. 23 on RATHBONE CLOSE.