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
43 REDHUISH CLOSE is a very small detached house of 51m², built sometime between 1983 and 1990. It was last sold for £265,000 in December 2018, which was around 39% below the average December 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 43 REDHUISH CLOSE since 1st 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 43 REDHUISH 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 |
---|---|---|---|
2018 11 DEC | £265,000 | £433,718 | 39% below HPI |
2010 31 MAR | £191,500 | £262,204 | 27% below HPI |
2005 22 MAY | £153,000 | £254,694 | 40% below HPI |
1998 4 SEP | £78,000 | £106,100 | 26% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 43 REDHUISH CLOSE sales between September 1998 and December 2018 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 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2018 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.
43 REDHUISH CLOSE is 51m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 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 43 REDHUISH CLOSE lies on this distribution: 1% of detached houses are smaller than 43 REDHUISH CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
43 REDHUISH CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 43 REDHUISH 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 43 REDHUISH 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.
43 REDHUISH CLOSE is located in FURZTON, in the MK4 postcode district. The below map shows the position of No. 43 on REDHUISH CLOSE.