3, GRAFHAM CLOSE, GIFFARD PARK, MILTON KEYNES, MK14 5JT - £245,000

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

3 GRAFHAM CLOSE is a large detached house of 142m², built sometime between 1991 and 1995. It was last sold for £245,000 in June 2012, which was around 12% below the average June 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

3 GRAFHAM CLOSE Sold Prices

Land registry data shows three sales for 3 GRAFHAM 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. One of the three 3 GRAFHAM CLOSE sales was for below the average price, whilst two 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
2012 8 JUN	£245,000	£279,271	12% below HPI
2003 6 JUN	£242,000	£222,418	9% above HPI
1996 13 DEC	£105,000	£88,961	18% above HPI

3 GRAFHAM 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 3 GRAFHAM CLOSE sales between December 1996 and June 2012 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 June 2003 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2012 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 GRAFHAM CLOSE?

3 GRAFHAM CLOSE is 142m² according to the EPC inspection conducted in December 2011. 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 3 GRAFHAM CLOSE lies on this distribution: 68% of detached houses are smaller than 3 GRAFHAM CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 GRAFHAM CLOSE: Plot and Title Map

3 GRAFHAM CLOSE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 3 GRAFHAM 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 GRAFHAM 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 GRAFHAM CLOSE?

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