10, HUGH PARKE CLOSE, LOUGHTON, MILTON KEYNES, MK5 8FG - £970,000

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.

10 HUGH PARKE CLOSE is a very large extended detached house of 254m², built sometime from 2007 onwards, which could now be worth an estimated £1,102,714. It was last sold for £970,000 in January 2022, which was around 90% above the average January 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

10 HUGH PARKE CLOSE Sold Prices

Land registry data shows four sales for 10 HUGH PARKE 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 10 HUGH PARKE 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 28 JAN	£970,000	£509,611	90% above HPI
2011 3 JUN	£540,000	£276,468	95% above HPI
2006 28 JUL	£500,000	£271,155	84% above HPI
2004 31 MAR	£467,500	£246,432	90% above HPI

10 HUGH PARKE 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 10 HUGH PARKE CLOSE sales between March 2004 and January 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 June 2011 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the January 2022 sale, where it falls to 90% above the HPI. The line then continues to track at 90% above the HPI.

What might 10 HUGH PARKE CLOSE be worth now?

10 HUGH PARKE CLOSE might now be worth an estimated £1,102,714.

This is based on house price inflation of 13.7%, between January 2022 and March 2025, 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 13.7% inflationary increase is applied to the most recent sale price for 10 HUGH PARKE CLOSE of £970,000 on 28th January 2022. For the value to have increased from £970,000 to £1,102,714 over the two years and ten months to March 2025, the following assumptions must hold true:

• The value of 10 HUGH PARKE CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The January 2022 sale price of £970,000 represented a fair market value for the property.
• The size, condition, and specification of 10 HUGH PARKE CLOSE has not materially changed since January 2022.

How Large is 10 HUGH PARKE CLOSE?

10 HUGH PARKE CLOSE is 254m², which includes three extensions, according to the EPC inspection conducted in October 2019. This puts it in the largest 10% 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 10 HUGH PARKE CLOSE lies on this distribution: 98% of detached houses houses are smaller than 10 HUGH PARKE CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

10 HUGH PARKE CLOSE: Plot and Title Map

10 HUGH PARKE CLOSE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 10 HUGH PARKE 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 10 HUGH PARKE 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 10 HUGH PARKE CLOSE?

10 HUGH PARKE CLOSE is located in LOUGHTON, in the MK5 postcode district. The below map shows the position of No. 10 on HUGH PARKE CLOSE.