3, GIBSONS GREEN, HEELANDS, MILTON KEYNES, MK13 7PR - £450,000

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

3 GIBSONS GREEN is a very small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £450,000 in May 2024, which was around 14% below the average May 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

3 GIBSONS GREEN Sold Prices

Land registry data shows two sales for 3 GIBSONS GREEN 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 3 GIBSONS GREEN sales was for below the average price, whilst the other was roughly equal to 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
2024 29 MAY	£450,000	£521,241	14% below HPI
2007 24 AUG	£295,000	£294,900	Close to HPI

3 GIBSONS GREEN 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 3 GIBSONS GREEN sales from August 2007 and May 2024 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 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 GIBSONS GREEN?

3 GIBSONS GREEN is 90m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% 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 3 GIBSONS GREEN lies on this distribution: 20% of detached houses are smaller than 3 GIBSONS GREEN, and 80% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 GIBSONS GREEN: Plot and Title Map

3 GIBSONS GREEN sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 3 GIBSONS GREEN, 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 GIBSONS GREEN). 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 GIBSONS GREEN?

3 GIBSONS GREEN is located in HEELANDS, in the MK13 postcode district. The below map shows the position of No. 3 on GIBSONS GREEN.