1, PLOWMAN CLOSE, GREENLEYS, MILTON KEYNES, MK12 6AG - £125,000

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 PLOWMAN CLOSE is a small extended detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £267,077. It was last sold for £125,000 in February 2005, which was around 51% below the average February 2005 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

1 PLOWMAN CLOSE Sold Prices

Land registry data shows three sales for 1 PLOWMAN 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 PLOWMAN 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
2005 4 FEB	£125,000	£256,919	51% below HPI
1999 14 MAY	£50,000	£115,966	57% below HPI
1996 15 AUG	£38,000	£89,266	57% below HPI

1 PLOWMAN 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 PLOWMAN CLOSE sales between August 1996 and February 2005 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 1999 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the February 2005 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 1 PLOWMAN CLOSE be worth now?

1 PLOWMAN CLOSE might now be worth an estimated £267,077.

This is based on house price inflation of 113.7%, between February 2005 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 113.7% inflationary increase is applied to the most recent sale price for 1 PLOWMAN CLOSE of £125,000 on 4th February 2005. For the value to have increased from £125,000 to £267,077 over the twenty years and eleven months to March 2026, the following assumptions must hold true:

• The value of 1 PLOWMAN CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The February 2005 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PLOWMAN CLOSE has not materially changed since February 2005.

How Large is 1 PLOWMAN CLOSE?

1 PLOWMAN CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 30% 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 PLOWMAN CLOSE lies on this distribution: 27% of detached houses houses are smaller than 1 PLOWMAN CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 PLOWMAN CLOSE: Plot and Title Map

1 PLOWMAN CLOSE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 1 PLOWMAN 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 PLOWMAN 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 PLOWMAN CLOSE?

1 PLOWMAN CLOSE is located in GREENLEYS, in the MK12 postcode district. The below map shows the position of No. 1 on PLOWMAN CLOSE.