8, GALLAGHER CLOSE, CROWNHILL, MILTON KEYNES, MK8 0LQ - £148,000

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 GALLAGHER CLOSE is a small detached house of 93m², built sometime between 1967 and 1975. It was last sold for £148,000 in May 2002, which was around 18% below the average May 2002 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

8 GALLAGHER CLOSE Sold Prices

Land registry data shows two sales for 8 GALLAGHER 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 GALLAGHER 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
2002 3 MAY	£148,000	£181,287	18% below HPI
1997 12 JUN	£88,250	£92,782	5% below HPI

8 GALLAGHER 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 GALLAGHER CLOSE sales from June 1997 and May 2002 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 June 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2002 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 GALLAGHER CLOSE?

8 GALLAGHER CLOSE is 93m² according to the EPC inspection conducted in August 2015. 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 8 GALLAGHER CLOSE lies on this distribution: 22% of detached houses are smaller than 8 GALLAGHER CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 GALLAGHER CLOSE: Plot and Title Map

8 GALLAGHER CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 8 GALLAGHER 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 GALLAGHER 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 GALLAGHER CLOSE?

8 GALLAGHER CLOSE is located in CROWNHILL, in the MK8 postcode district. The below map shows the position of No. 8 on GALLAGHER CLOSE.