6, GERARD CLOSE, BRADVILLE, MILTON KEYNES, MK13 7UF - £465,000

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

6 GERARD CLOSE is a very small extended detached house of 85m², built sometime between 1991 and 1995. It was last sold for £465,000 in November 2022, which was around 13% below the average November 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

6 GERARD CLOSE Sold Prices

Land registry data shows six sales for 6 GERARD CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Most of the six 6 GERARD 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
2022 23 NOV	£465,000	£533,322	13% below HPI
2020 10 JUL	£375,000	£430,728	13% below HPI
2014 23 MAY	£275,000	£316,946	13% below HPI
2012 7 DEC	£235,000	£281,465	17% below HPI
2004 15 SEP	£210,000	£251,776	17% below HPI
1996 27 SEP	£98,000	£86,933	13% above HPI

6 GERARD 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 six 6 GERARD CLOSE sales between September 1996 and November 2022 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 2020 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2022 sale, which was also at 13% below the HPI.

How Large is 6 GERARD CLOSE?

6 GERARD CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 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 6 GERARD CLOSE lies on this distribution: 15% of detached houses are smaller than 6 GERARD CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

6 GERARD CLOSE: Plot and Title Map

6 GERARD CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 6 GERARD 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 6 GERARD 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 6 GERARD CLOSE?

6 GERARD CLOSE is located in BRADVILLE, in the MK13 postcode district. The below map shows the position of No. 6 on GERARD CLOSE.