5, MILES CLOSE, BLAKELANDS, MILTON KEYNES, MK14 5AD - £397,500

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 MILES CLOSE is a large detached house of 142m². It was last sold for £397,500 in March 2020, which was around 9% below the average March 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2012, where the current energy rating was B, and the potential energy rating was B.

5 MILES CLOSE Sold Prices

Land registry data shows three sales for 5 MILES CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. One of the three 5 MILES CLOSE sales was for below the average price, whilst two 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
2020 20 MAR	£397,500	£435,694	9% below HPI
2014 26 MAR	£310,000	£307,722	1% above HPI
2012 31 AUG	£290,000	£284,349	2% above HPI

5 MILES 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 three 5 MILES CLOSE sales between August 2012 and March 2020 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 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 5 MILES CLOSE?

5 MILES CLOSE is 142m² according to the EPC inspection conducted in August 2012. 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 MILES CLOSE lies on this distribution: 68% of detached houses are smaller than 5 MILES CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 MILES CLOSE: Plot and Title Map

5 MILES CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 5 MILES 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 MILES 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 MILES CLOSE?

5 MILES CLOSE is located in BLAKELANDS, in the MK14 postcode district. The below map shows the position of No. 5 on MILES CLOSE.