2, DEVELIN CLOSE, NEATH HILL, MILTON KEYNES, MK14 6JE - £350,000

2 DEVELIN CLOSE is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £350,000 in June 2022, which was around 30% below the average June 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

2 DEVELIN CLOSE Sold Prices

Land registry data shows five sales for 2 DEVELIN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 2 DEVELIN 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
2022 17 JUN	£350,000	£500,870	30% below HPI
2019 20 DEC	£260,000	£431,384	40% below HPI
2012 28 SEP	£163,000	£291,714	44% below HPI
2002 31 JUL	£129,995	£191,081	32% below HPI
1996 4 APR	£48,250	£83,877	42% below HPI

2 DEVELIN 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 five 2 DEVELIN CLOSE sales between April 1996 and June 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 December 2019 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 DEVELIN CLOSE?

2 DEVELIN CLOSE is 71m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% 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 2 DEVELIN CLOSE lies on this distribution: 6% of detached houses are smaller than 2 DEVELIN CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 DEVELIN CLOSE: Plot and Title Map

2 DEVELIN CLOSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 2 DEVELIN 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 2 DEVELIN 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 2 DEVELIN CLOSE?

2 DEVELIN CLOSE is located in NEATH HILL, in the MK14 postcode district. The below map shows the position of No. 2 on DEVELIN CLOSE.