8, BYWARD CLOSE, NEATH HILL, MILTON KEYNES, MK14 6JB - £296,451

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 BYWARD CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £363,239. It was last sold for £296,451 in November 2020, which was around 36% below the average November 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

8 BYWARD CLOSE Sold Prices

Land registry data shows four sales for 8 BYWARD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 8 BYWARD 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
2020 5 NOV	£296,451	£461,461	36% below HPI
2014 10 OCT	£220,000	£350,842	37% below HPI
2003 26 AUG	£159,995	£235,271	32% below HPI
1996 5 JAN	£48,000	£86,202	44% below HPI

8 BYWARD 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 four 8 BYWARD CLOSE sales between January 1996 and November 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 October 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2020 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 8 BYWARD CLOSE be worth now?

8 BYWARD CLOSE might now be worth an estimated £363,239.

This is based on house price inflation of 22.5%, between November 2020 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.5% inflationary increase is applied to the most recent sale price for 8 BYWARD CLOSE of £296,451 on 5th November 2020. For the value to have increased from £296,451 to £363,239 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 BYWARD CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The November 2020 sale price of £296,451 represented a fair market value for the property.
• The size, condition, and specification of 8 BYWARD CLOSE has not materially changed since November 2020.

How Large is 8 BYWARD CLOSE?

8 BYWARD CLOSE is 70m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 8 BYWARD CLOSE lies on this distribution: 5% of detached houses houses are smaller than 8 BYWARD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 BYWARD CLOSE: Plot and Title Map

8 BYWARD CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 8 BYWARD 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 BYWARD 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 BYWARD CLOSE?

8 BYWARD CLOSE is located in NEATH HILL, in the MK14 postcode district. The below map shows the position of No. 8 on BYWARD CLOSE.