8, LASCELLES CLOSE, BOLBECK PARK, MILTON KEYNES, MK15 8QA - £280,000

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 LASCELLES CLOSE is a small detached house of 98m², built sometime between 1983 and 1990. It was last sold for £280,000 in January 2016, which was around 28% below the average January 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

8 LASCELLES CLOSE Sold Prices

Land registry data shows two sales for 8 LASCELLES 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 LASCELLES 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
2016 18 JAN	£280,000	£390,376	28% below HPI
2015 23 JAN	£212,000	£341,733	38% below HPI

8 LASCELLES 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 LASCELLES CLOSE sales from January 2015 and January 2016 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 January 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 8 LASCELLES CLOSE?

8 LASCELLES CLOSE is 98m² according to the EPC inspection conducted in September 2014. 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 LASCELLES CLOSE lies on this distribution: 27% of detached houses are smaller than 8 LASCELLES CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 LASCELLES CLOSE: Plot and Title Map

8 LASCELLES CLOSE sits on a plot of roughly 0.048 of an acre, or 192m². The below map shows the location of 8 LASCELLES 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 LASCELLES 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 LASCELLES CLOSE?

8 LASCELLES CLOSE is located in BOLBECK PARK, in the MK15 postcode district. The below map shows the position of No. 8 on LASCELLES CLOSE.