8, CRANWELL CLOSE, SHENLEY BROOK END, MILTON KEYNES, MK5 7BU - £540,000

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

8 CRANWELL CLOSE is a large detached house of 141m², built sometime between 1996 and 2002. It was last sold for £540,000 in October 2017, which was around 22% above the average October 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.

8 CRANWELL CLOSE Sold Prices

Land registry data shows three sales for 8 CRANWELL 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 8 CRANWELL CLOSE sales were for above 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
2017 5 OCT	£540,000	£441,162	22% above HPI
2004 20 FEB	£324,743	£236,443	37% above HPI
1998 22 MAY	£153,000	£102,848	49% above HPI

8 CRANWELL 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 8 CRANWELL CLOSE sales between May 1998 and October 2017 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 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2017 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 8 CRANWELL CLOSE?

8 CRANWELL CLOSE is 141m² according to the EPC inspection conducted in December 2010. This puts it in the largest 40% 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 CRANWELL CLOSE lies on this distribution: 68% of detached houses are smaller than 8 CRANWELL CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 CRANWELL CLOSE: Plot and Title Map

8 CRANWELL CLOSE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 8 CRANWELL 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 CRANWELL 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 CRANWELL CLOSE?

8 CRANWELL CLOSE is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 8 on CRANWELL CLOSE.