14, RIPLEY CLOSE, KINGSMEAD, MILTON KEYNES, MK4 4HJ - £318,000

14 RIPLEY CLOSE is a small detached house of 109m², built sometime between 2003 and 2006. It was last sold for £318,000 in October 2017, which was around 28% below the average October 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

14 RIPLEY CLOSE Sold Prices

Land registry data shows two sales for 14 RIPLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 14 RIPLEY 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
2017 31 OCT	£318,000	£441,162	28% below HPI
2006 24 MAR	£222,995	£254,802	12% below HPI

14 RIPLEY 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 two 14 RIPLEY CLOSE sales from March 2006 and October 2017 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 March 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 14 RIPLEY CLOSE?

14 RIPLEY CLOSE is 109m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% 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 14 RIPLEY CLOSE lies on this distribution: 36% of detached houses are smaller than 14 RIPLEY CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

14 RIPLEY CLOSE: Plot and Title Map

14 RIPLEY CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 14 RIPLEY 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 14 RIPLEY 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 14 RIPLEY CLOSE?

14 RIPLEY CLOSE is located in KINGSMEAD, in the MK4 postcode district. The below map shows the position of No. 14 on RIPLEY CLOSE.