44, GISBURN CLOSE, HEELANDS, MILTON KEYNES, MK13 7QQ - £270,000

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

44 GISBURN CLOSE is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £270,000 in October 2017, which was around 39% below the average October 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

44 GISBURN CLOSE Sold Prices

Land registry data shows three sales for 44 GISBURN 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 44 GISBURN 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
2017 20 OCT	£270,000	£441,162	39% below HPI
2002 29 NOV	£152,500	£212,453	28% below HPI
2002 1 MAR	£111,000	£176,785	37% below HPI

44 GISBURN 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 44 GISBURN CLOSE sales between March 2002 and October 2017 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 November 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2017 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 44 GISBURN CLOSE?

44 GISBURN CLOSE is 68m² according to the EPC inspection conducted in November 2016. 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 44 GISBURN CLOSE lies on this distribution: 4% of detached houses are smaller than 44 GISBURN CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

44 GISBURN CLOSE: Plot and Title Map

44 GISBURN CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 44 GISBURN 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 44 GISBURN 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 44 GISBURN CLOSE?

44 GISBURN CLOSE is located in HEELANDS, in the MK13 postcode district. The below map shows the position of No. 44 on GISBURN CLOSE.