4, STANWAY CLOSE, DOWNHEAD PARK, MILTON KEYNES, MK15 9BU - £730,000

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 STANWAY CLOSE is a very large extended detached house of 249m², built sometime between 1983 and 1990. It was last sold for £730,000 in March 2021, which was around 62% above the average March 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2024, where the current energy rating was B, and the potential energy rating was B.

4 STANWAY CLOSE Sold Prices

Land registry data shows three sales for 4 STANWAY 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. All of the three 4 STANWAY 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
2021 8 MAR	£730,000	£451,575	62% above HPI
2017 28 JUN	£692,000	£426,407	62% above HPI
2007 20 AUG	£445,000	£294,900	51% above HPI

4 STANWAY 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 4 STANWAY CLOSE sales between August 2007 and March 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 June 2017 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the March 2021 sale, which was also at 62% above the HPI.

How Large is 4 STANWAY CLOSE?

4 STANWAY CLOSE is 249m², which includes three extensions, according to the EPC inspection conducted in April 2024. 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 STANWAY CLOSE lies on this distribution: 97% of detached houses are smaller than 4 STANWAY CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

4 STANWAY CLOSE: Plot and Title Map

4 STANWAY CLOSE sits on a plot of roughly 0.190 of an acre, or 768m². The below map shows the location of 4 STANWAY 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 STANWAY 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 STANWAY CLOSE?

4 STANWAY CLOSE is located in DOWNHEAD PARK, in the MK15 postcode district. The below map shows the position of No. 4 on STANWAY CLOSE.