8, BROXBOURNE CLOSE, GIFFARD PARK, MILTON KEYNES, MK14 5JP - £282,000

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

8 BROXBOURNE CLOSE is a very small extended detached house of 90m², built sometime between 1983 and 1990. It was last sold for £282,000 in January 2015, which was around 17% below the average January 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

8 BROXBOURNE CLOSE Sold Prices

Land registry data shows two sales for 8 BROXBOURNE 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 8 BROXBOURNE 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
2015 30 JAN	£282,000	£341,733	17% below HPI
2004 11 FEB	£198,500	£236,443	16% below HPI

8 BROXBOURNE 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 8 BROXBOURNE CLOSE sales from February 2004 and January 2015 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 February 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2015 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 8 BROXBOURNE CLOSE?

8 BROXBOURNE CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in August 2024. 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 8 BROXBOURNE CLOSE lies on this distribution: 19% of detached houses are smaller than 8 BROXBOURNE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 BROXBOURNE CLOSE: Plot and Title Map

8 BROXBOURNE CLOSE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 8 BROXBOURNE 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 8 BROXBOURNE 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 8 BROXBOURNE CLOSE?

8 BROXBOURNE CLOSE is located in GIFFARD PARK, in the MK14 postcode district. The below map shows the position of No. 8 on BROXBOURNE CLOSE.