4, HUGH PARKE CLOSE, LOUGHTON, MILTON KEYNES, MK5 8FG - £600,000

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

4 HUGH PARKE CLOSE is a very large detached house of 255m², built sometime between 1996 and 2002. It was last sold for £600,000 in February 2013, which was around 109% above the average February 2013 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

4 HUGH PARKE CLOSE Sold Prices

Land registry data shows four sales for 4 HUGH PARKE 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 4 HUGH PARKE CLOSE sales were 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
2013 22 FEB	£600,000	£286,776	109% above HPI
2007 30 APR	£585,000	£279,712	109% above HPI
2005 15 JUL	£600,000	£252,584	138% above HPI
2003 1 JUL	£450,000	£224,157	101% above HPI

4 HUGH PARKE 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 4 HUGH PARKE CLOSE sales between July 2003 and February 2013 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 April 2007 sale was for 109% above the HPI. So the extrapolation line tracks at 109% above the HPI over time, until the February 2013 sale, which was also at 109% above the HPI.

How Large is 4 HUGH PARKE CLOSE?

4 HUGH PARKE CLOSE is 255m² according to the EPC inspection conducted in May 2012. This puts it in the largest 10% 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 4 HUGH PARKE CLOSE lies on this distribution: 98% of detached houses are smaller than 4 HUGH PARKE CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

4 HUGH PARKE CLOSE: Plot and Title Map

4 HUGH PARKE CLOSE sits on a plot of roughly 0.170 of an acre, or 689m². The below map shows the location of 4 HUGH PARKE 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 4 HUGH PARKE 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 4 HUGH PARKE CLOSE?

4 HUGH PARKE CLOSE is located in LOUGHTON, in the MK5 postcode district. The below map shows the position of No. 4 on HUGH PARKE CLOSE.