5, LANOLIN CLOSE, OAKRIDGE PARK, MILTON KEYNES, MK14 6GQ - £431,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 LANOLIN CLOSE is a large detached house of 155m², built sometime from 2012 onwards. It was last sold for £431,000 in July 2015, which was around 20% above the average July 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

5 LANOLIN CLOSE Sold Prices

Land registry data shows two sales for 5 LANOLIN 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 LANOLIN 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
2015 20 JUL	£431,000	£360,200	20% above HPI
2012 29 JUN	£369,950	£279,271	32% above HPI

5 LANOLIN 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 LANOLIN CLOSE sales from June 2012 and July 2015 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 June 2012 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the July 2015 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 5 LANOLIN CLOSE?

5 LANOLIN CLOSE is 155m² according to the EPC inspection conducted in April 2024. This puts it in the largest 30% 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 LANOLIN CLOSE lies on this distribution: 76% of detached houses are smaller than 5 LANOLIN CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 LANOLIN CLOSE: Plot and Title Map

5 LANOLIN CLOSE sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 5 LANOLIN 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 LANOLIN 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 LANOLIN CLOSE?

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