5, GRAFHAM CLOSE, GIFFARD PARK, MILTON KEYNES, MK14 5JT - £291,000

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 GRAFHAM CLOSE is a large extended detached house of 143m², built sometime between 1983 and 1990. It was last sold for £291,000 in November 2010, which was around 6% above the average November 2010 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was C.

5 GRAFHAM CLOSE Sold Prices

Land registry data shows two sales for 5 GRAFHAM 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 Milton Keynes local authority area for the corresponding sale date. Both of the two 5 GRAFHAM 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
2010 10 NOV	£291,000	£274,040	6% above HPI
1995 31 MAR	£93,000	£81,992	13% above HPI

5 GRAFHAM 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 two 5 GRAFHAM CLOSE sales from March 1995 and November 2010 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 1995 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2010 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 5 GRAFHAM CLOSE?

5 GRAFHAM CLOSE is 143m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 40% 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 5 GRAFHAM CLOSE lies on this distribution: 68% of detached houses are smaller than 5 GRAFHAM CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 GRAFHAM CLOSE: Plot and Title Map

5 GRAFHAM CLOSE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 5 GRAFHAM 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 GRAFHAM 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 GRAFHAM CLOSE?

5 GRAFHAM CLOSE is located in GIFFARD PARK, in the MK14 postcode district. The below map shows the position of No. 5 on GRAFHAM CLOSE.