37, WELBECK CLOSE, MONKSTON, MILTON KEYNES, MK10 9HQ - £225,000

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

37 WELBECK CLOSE is a small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £225,000 in February 2012, which was around 20% below the average February 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

37 WELBECK CLOSE Sold Prices

Land registry data shows two sales for 37 WELBECK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 37 WELBECK 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
2012 22 FEB	£225,000	£280,746	20% below HPI
2002 28 MAR	£156,000	£176,785	12% below HPI

37 WELBECK 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 two 37 WELBECK CLOSE sales from March 2002 and February 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 March 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2012 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 37 WELBECK CLOSE?

37 WELBECK CLOSE is 93m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% 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 37 WELBECK CLOSE lies on this distribution: 22% of detached houses are smaller than 37 WELBECK CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

37 WELBECK CLOSE: Plot and Title Map

37 WELBECK CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 37 WELBECK 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 37 WELBECK 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 37 WELBECK CLOSE?

37 WELBECK CLOSE is located in MONKSTON, in the MK10 postcode district. The below map shows the position of No. 37 on WELBECK CLOSE.