3, HOME FARM CLOSE, DEANSHANGER, MILTON KEYNES, MK19 6FD - £248,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 HOME FARM CLOSE is a very small detached house of 61m², built sometime from 2007 onwards, which could now be worth an estimated £336,241. It was last sold for £248,000 in March 2016, which was around 28% below the average March 2016 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

3 HOME FARM CLOSE Sold Prices

Land registry data shows four sales for 3 HOME FARM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the four 3 HOME FARM 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 18 MAR	£248,000	£345,783	28% below HPI
2014 27 JUN	£214,000	£300,550	29% below HPI
2013 24 MAY	£195,000	£276,416	29% below HPI
2007 19 DEC	£214,995	£299,486	28% below HPI

3 HOME FARM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The four 3 HOME FARM CLOSE sales between December 2007 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 June 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 3 HOME FARM CLOSE be worth now?

3 HOME FARM CLOSE might now be worth an estimated £336,241.

This is based on house price inflation of 35.6%, between March 2016 and December 2024, for detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.6% inflationary increase is applied to the most recent sale price for 3 HOME FARM CLOSE of £248,000 on 18th March 2016. For the value to have increased from £248,000 to £336,241 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 3 HOME FARM CLOSE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The March 2016 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HOME FARM CLOSE has not materially changed since March 2016.

How Large is 3 HOME FARM CLOSE?

3 HOME FARM CLOSE is 61m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses houses in Deanshanger, based on EPC data. The below chart shows the distribution of detached houses houses by size in Deanshanger, and where 3 HOME FARM CLOSE lies on this distribution: 1% of detached houses houses are smaller than 3 HOME FARM CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Deanshanger.

3 HOME FARM CLOSE: Plot and Title Map

3 HOME FARM CLOSE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 3 HOME FARM 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 HOME FARM 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 HOME FARM CLOSE?

3 HOME FARM CLOSE is located in DEANSHANGER, in the MK19 postcode district. The below map shows the position of No. 3 on HOME FARM CLOSE.