3, BROXBOURNE CLOSE, GIFFARD PARK, MILTON KEYNES, MK14 5JP - £297,500

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.

3 BROXBOURNE CLOSE is a very small detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £401,318. It was last sold for £297,500 in May 2016, which was around 29% below the average May 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

3 BROXBOURNE CLOSE Sold Prices

Land registry data shows five sales for 3 BROXBOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 3 BROXBOURNE 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 27 MAY	£297,500	£419,153	29% below HPI
2010 18 OCT	£192,000	£281,498	32% below HPI
2002 26 MAR	£139,000	£182,733	24% below HPI
1999 9 JUN	£93,000	£117,941	21% below HPI
1997 25 JUL	£71,000	£97,046	27% below HPI

3 BROXBOURNE 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 five 3 BROXBOURNE CLOSE sales between July 1997 and May 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 October 2010 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2016 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 3 BROXBOURNE CLOSE be worth now?

3 BROXBOURNE CLOSE might now be worth an estimated £401,318.

This is based on house price inflation of 34.9%, between May 2016 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 34.9% inflationary increase is applied to the most recent sale price for 3 BROXBOURNE CLOSE of £297,500 on 27th May 2016. For the value to have increased from £297,500 to £401,318 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 3 BROXBOURNE CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The May 2016 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 3 BROXBOURNE CLOSE has not materially changed since May 2016.

How Large is 3 BROXBOURNE CLOSE?

3 BROXBOURNE CLOSE is 86m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% 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 3 BROXBOURNE CLOSE lies on this distribution: 17% of detached houses houses are smaller than 3 BROXBOURNE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 BROXBOURNE CLOSE: Plot and Title Map

3 BROXBOURNE CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 3 BROXBOURNE 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 3 BROXBOURNE 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 3 BROXBOURNE CLOSE?

3 BROXBOURNE CLOSE is located in GIFFARD PARK, in the MK14 postcode district. The below map shows the position of No. 3 on BROXBOURNE CLOSE.