1, CUBBS CLOSE, MIDDLETON, MILTON KEYNES, MK10 9RT - £362,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 CUBBS CLOSE is a very small detached house of 91m², which could now be worth an estimated £435,452. It was last sold for £362,500 in October 2018, which was around 21% below the average October 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2008, where the current energy rating was B, and the potential energy rating was B.

1 CUBBS CLOSE Sold Prices

Land registry data shows three sales for 1 CUBBS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 1 CUBBS 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 22 OCT	£362,500	£456,973	21% below HPI
2015 2 APR	£319,000	£363,167	12% below HPI
2009 2 OCT	£230,000	£266,830	14% below HPI

1 CUBBS 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 three 1 CUBBS CLOSE sales between October 2009 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 April 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 1 CUBBS CLOSE be worth now?

1 CUBBS CLOSE might now be worth an estimated £435,452.

This is based on house price inflation of 20.1%, between October 2018 and March 2026, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.1% inflationary increase is applied to the most recent sale price for 1 CUBBS CLOSE of £362,500 on 22nd October 2018. For the value to have increased from £362,500 to £435,452 over the eight years and seven months to March 2026, the following assumptions must hold true:

• The value of 1 CUBBS CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The October 2018 sale price of £362,500 represented a fair market value for the property.
• The size, condition, and specification of 1 CUBBS CLOSE has not materially changed since October 2018.

How Large is 1 CUBBS CLOSE?

1 CUBBS CLOSE is 91m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 20% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 1 CUBBS CLOSE lies on this distribution: 20% of detached houses houses are smaller than 1 CUBBS CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 CUBBS CLOSE: Plot and Title Map

1 CUBBS CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 1 CUBBS 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 1 CUBBS 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 1 CUBBS CLOSE?

1 CUBBS CLOSE is located in MIDDLETON, in the MK10 postcode district. The below map shows the position of No. 1 on CUBBS CLOSE.