36, GAINSBOROUGH CLOSE, GRANGE FARM, MILTON KEYNES, MK8 0NA - £475,000

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

36 GAINSBOROUGH CLOSE is a midsized extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £475,000 in July 2022, which was around 6% below the average July 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

36 GAINSBOROUGH CLOSE Sold Prices

Land registry data shows three sales for 36 GAINSBOROUGH 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 36 GAINSBOROUGH CLOSE sales were for below the average price, whilst one was 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
2022 12 JUL	£475,000	£504,774	6% below HPI
2021 25 MAR	£404,500	£451,575	10% below HPI
2002 16 DEC	£245,000	£216,960	13% above HPI

36 GAINSBOROUGH 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 36 GAINSBOROUGH CLOSE sales between December 2002 and July 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 March 2021 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 36 GAINSBOROUGH CLOSE?

36 GAINSBOROUGH CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 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 36 GAINSBOROUGH CLOSE lies on this distribution: 44% of detached houses are smaller than 36 GAINSBOROUGH CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

36 GAINSBOROUGH CLOSE: Plot and Title Map

36 GAINSBOROUGH CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 36 GAINSBOROUGH 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 36 GAINSBOROUGH 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 36 GAINSBOROUGH CLOSE?

36 GAINSBOROUGH CLOSE is located in GRANGE FARM, in the MK8 postcode district. The below map shows the position of No. 36 on GAINSBOROUGH CLOSE.