6, WATSON CLOSE, GRANGE FARM, MILTON KEYNES, MK8 0PF - £218,000

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 WATSON CLOSE is a small semi-detached house of 91m², built sometime between 1996 and 2002. It was last sold for £218,000 in August 2010, which was around 22% below the average August 2010 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

6 WATSON CLOSE Sold Prices

Land registry data shows two sales for 6 WATSON 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 6 WATSON 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 12 AUG	£218,000	£277,995	22% below HPI
2005 14 JAN	£200,000	£253,564	21% below HPI

6 WATSON 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 6 WATSON CLOSE sales from January 2005 and August 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 January 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2010 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 6 WATSON CLOSE?

6 WATSON CLOSE is 91m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 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 6 WATSON CLOSE lies on this distribution: 20% of detached houses are smaller than 6 WATSON CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

6 WATSON CLOSE: Plot and Title Map

6 WATSON CLOSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 6 WATSON 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 WATSON 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 WATSON CLOSE?

6 WATSON CLOSE is located in GRANGE FARM, in the MK8 postcode district. The below map shows the position of No. 6 on WATSON CLOSE.