8, IRELAND CLOSE, BROWNS WOOD, MILTON KEYNES, MK7 8EQ - £308,000

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 IRELAND CLOSE is a midsized detached house of 124m², built sometime between 1996 and 2002. It was last sold for £308,000 in August 2013, which was around 5% above the average August 2013 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

8 IRELAND CLOSE Sold Prices

Land registry data shows two sales for 8 IRELAND 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 IRELAND 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
2013 23 AUG	£308,000	£294,610	5% above HPI
1996 31 MAY	£85,500	£84,626	1% above HPI

8 IRELAND 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 IRELAND CLOSE sales from May 1996 and August 2013 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 May 1996 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2013 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 8 IRELAND CLOSE?

8 IRELAND CLOSE is 124m² according to the EPC inspection conducted in September 2011. This puts it in the largest 50% 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 IRELAND CLOSE lies on this distribution: 51% of detached houses are smaller than 8 IRELAND CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 IRELAND CLOSE: Plot and Title Map

8 IRELAND CLOSE sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 8 IRELAND 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 IRELAND 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 IRELAND CLOSE?

8 IRELAND CLOSE is located in BROWNS WOOD, in the MK7 postcode district. The below map shows the position of No. 8 on IRELAND CLOSE.