8, TIPPETT CLOSE, BROWNS WOOD, MILTON KEYNES, MK7 8EJ - £550,000

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 TIPPETT CLOSE is a midsized detached house of 124m², built sometime between 1991 and 1995. It was last sold for £550,000 in April 2022, which was around 11% above the average April 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

8 TIPPETT CLOSE Sold Prices

Land registry data shows four sales for 8 TIPPETT 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. Most of the four 8 TIPPETT 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
2022 29 APR	£550,000	£494,428	11% above HPI
2016 31 AUG	£410,000	£417,272	2% below HPI
2006 11 SEP	£338,000	£268,453	26% above HPI
1995 30 NOV	£105,000	£83,030	26% above HPI

8 TIPPETT 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 TIPPETT CLOSE sales between November 1995 and April 2022 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 August 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 8 TIPPETT CLOSE?

8 TIPPETT CLOSE is 124m² according to the EPC inspection conducted in August 2021. 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 TIPPETT CLOSE lies on this distribution: 51% of detached houses are smaller than 8 TIPPETT CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 TIPPETT CLOSE: Plot and Title Map

8 TIPPETT CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 8 TIPPETT 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 TIPPETT 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 TIPPETT CLOSE?

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