5, ELM CLOSE, NEWTON LONGVILLE, MILTON KEYNES, MK17 0DB - £445,000

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 ELM CLOSE is a very small detached house of 88m², built sometime between 1976 and 1982. It was last sold for £445,000 in August 2021, which was around 40% below the average August 2021 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

5 ELM CLOSE Sold Prices

Land registry data shows four sales for 5 ELM 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 Buckinghamshire local authority area for the corresponding sale date. All of the four 5 ELM 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
2021 23 AUG	£445,000	£736,557	40% below HPI
2017 13 JUL	£370,000	£709,275	48% below HPI
1997 4 JUL	£96,600	£181,736	47% below HPI
1997 28 FEB	£58,000	£165,633	65% below HPI

5 ELM 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 four 5 ELM CLOSE sales between February 1997 and August 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 July 2017 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2021 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 5 ELM CLOSE?

5 ELM CLOSE is 88m² according to the EPC inspection conducted in April 2013. 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 ELM CLOSE lies on this distribution: 14% of detached houses are smaller than 5 ELM CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Newton Longville.

5 ELM CLOSE: Plot and Title Map

5 ELM CLOSE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 5 ELM 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 ELM 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 ELM CLOSE?

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