8, NATHANIAL CLOSE, SHENLEY CHURCH END, MILTON KEYNES, MK5 6DS - £345,000

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 NATHANIAL CLOSE is a very small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £345,000 in October 2018, which was around 22% below the average October 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

8 NATHANIAL CLOSE Sold Prices

Land registry data shows four sales for 8 NATHANIAL 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 NATHANIAL 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
2018 16 OCT	£345,000	£442,097	22% below HPI
2018 31 JUL	£350,000	£439,174	20% below HPI
2015 18 SEP	£314,995	£376,388	16% below HPI
2003 26 AUG	£195,000	£227,612	14% below HPI

8 NATHANIAL 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 NATHANIAL CLOSE sales between August 2003 and October 2018 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 July 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 8 NATHANIAL CLOSE?

8 NATHANIAL CLOSE is 90m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% 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 NATHANIAL CLOSE lies on this distribution: 20% of detached houses are smaller than 8 NATHANIAL CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 NATHANIAL CLOSE: Plot and Title Map

8 NATHANIAL CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 8 NATHANIAL 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 NATHANIAL 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 NATHANIAL CLOSE?

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