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 MALTON CLOSE is a large extended detached house of 164m², built sometime between 1996 and 2002. It was last sold for £590,000 in October 2023, which was around 14% above the average October 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 5 MALTON CLOSE since 1st 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 MALTON 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 |
---|---|---|---|
2023 25 OCT | £590,000 | £515,999 | 14% above HPI |
2003 12 DEC | £248,500 | £238,097 | 4% above HPI |
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 MALTON CLOSE sales from December 2003 and October 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 December 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2023 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.
5 MALTON CLOSE is 164m², which includes three extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 20% 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 MALTON CLOSE lies on this distribution: 80% of detached houses are smaller than 5 MALTON CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
5 MALTON CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 5 MALTON 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 MALTON 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.
5 MALTON CLOSE is located in MONKSTON, in the MK10 postcode district. The below map shows the position of No. 5 on MALTON CLOSE.