3, SKINNERS CLOSE, REDHOUSE PARK, MILTON KEYNES, MK14 5GG - £585,000

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 SKINNERS CLOSE is a midsized detached house of 127m². It was last sold for £585,000 in October 2022, which was around 12% above the average October 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2015, where the current energy rating was B, and the potential energy rating was B.

3 SKINNERS CLOSE Sold Prices

Land registry data shows three sales for 3 SKINNERS 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. Two of the three 3 SKINNERS CLOSE sales were for above the average price, whilst one was 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
2022 7 OCT	£585,000	£522,914	12% above HPI
2020 12 FEB	£500,000	£429,038	17% above HPI
2015 13 FEB	£329,950	£348,827	5% below HPI

3 SKINNERS 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 SKINNERS CLOSE sales between February 2015 and October 2022 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 February 2020 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 3 SKINNERS CLOSE?

3 SKINNERS CLOSE is 127m² according to the EPC inspection conducted in January 2015. This puts it in the largest 50% 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 SKINNERS CLOSE lies on this distribution: 54% of detached houses are smaller than 3 SKINNERS CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 SKINNERS CLOSE: Plot and Title Map

3 SKINNERS CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 3 SKINNERS 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 SKINNERS 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 SKINNERS CLOSE?

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