3, JACKS CLOSE, LAVENDON, OLNEY, MK46 4HQ - £235,000

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 JACKS CLOSE is a very small detached house of 66m², built sometime between 1976 and 1982. It was last sold for £235,000 in June 2021, which was around 48% below the average June 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

3 JACKS CLOSE Sold Prices

Land registry data shows four sales for 3 JACKS 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 Milton Keynes local authority area for the corresponding sale date. All of the four 3 JACKS 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
2021 15 JUN	£235,000	£452,914	48% below HPI
2003 29 AUG	£123,000	£227,612	46% below HPI
2001 31 JUL	£87,000	£159,300	45% below HPI
1998 29 SEP	£56,000	£106,100	47% below HPI

3 JACKS 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 four 3 JACKS CLOSE sales between September 1998 and June 2021 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 2003 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the June 2021 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 3 JACKS CLOSE?

3 JACKS CLOSE is 66m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses in Lavendon, based on EPC data. The below chart shows the distribution of detached houses by size in Lavendon, and where 3 JACKS CLOSE lies on this distribution: 2% of detached houses are smaller than 3 JACKS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Lavendon.

3 JACKS CLOSE: Plot and Title Map

3 JACKS CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 3 JACKS 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 JACKS 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 JACKS CLOSE?

3 JACKS CLOSE is located in LAVENDON, in the MK46 postcode district. The below map shows the position of No. 3 on JACKS CLOSE.