5, CHESTNUT CLOSE, NEWTON LONGVILLE, MILTON KEYNES, MK17 0DA - £415,000

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

5 CHESTNUT CLOSE is a very small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £415,000 in September 2023, which was around 49% below the average September 2023 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

5 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 5 CHESTNUT 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 Buckinghamshire local authority area for the corresponding sale date. Both of the two 5 CHESTNUT 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
2023 28 SEP	£415,000	£819,431	49% below HPI
2013 4 JAN	£203,000	£501,363	60% below HPI

5 CHESTNUT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The two 5 CHESTNUT CLOSE sales from January 2013 and September 2023 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 January 2013 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the September 2023 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 5 CHESTNUT CLOSE?

5 CHESTNUT CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in Newton Longville, based on EPC data. The below chart shows the distribution of detached houses by size in Newton Longville, and where 5 CHESTNUT CLOSE lies on this distribution: 13% of detached houses are smaller than 5 CHESTNUT CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Newton Longville.

5 CHESTNUT CLOSE: Plot and Title Map

5 CHESTNUT CLOSE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 5 CHESTNUT 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 5 CHESTNUT 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 5 CHESTNUT CLOSE?

5 CHESTNUT CLOSE is located in NEWTON LONGVILLE, in the MK17 postcode district. The below map shows the position of No. 5 on CHESTNUT CLOSE.