6, GISBURN CLOSE, HEELANDS, MILTON KEYNES, MK13 7QQ - £185,000

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

6 GISBURN CLOSE is a very small detached house of 68m², built sometime between 1976 and 1982. It was last sold for £185,000 in July 2010, which was around 33% below the average July 2010 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was C.

6 GISBURN CLOSE Sold Prices

Land registry data shows three sales for 6 GISBURN 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. All of the three 6 GISBURN 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
2010 8 JUL	£185,000	£277,364	33% below HPI
2003 29 DEC	£144,500	£238,097	39% below HPI
1996 30 SEP	£50,000	£86,933	42% below HPI

6 GISBURN 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 6 GISBURN CLOSE sales between September 1996 and July 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 December 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2010 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 6 GISBURN CLOSE?

6 GISBURN CLOSE is 68m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 10% 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 GISBURN CLOSE lies on this distribution: 4% of detached houses are smaller than 6 GISBURN CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

6 GISBURN CLOSE: Plot and Title Map

6 GISBURN CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 6 GISBURN 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 GISBURN 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 GISBURN CLOSE?

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