2, HUTCHINGS CLOSE, LOUGHTON, MILTON KEYNES, MK5 8DS - £353,000

2 HUTCHINGS CLOSE is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £353,000 in June 2021, which was around 22% below the average June 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

2 HUTCHINGS CLOSE Sold Prices

Land registry data shows seven sales for 2 HUTCHINGS CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the seven 2 HUTCHINGS 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
2021 29 JUN	£353,000	£452,914	22% below HPI
2017 31 MAR	£310,000	£428,755	28% below HPI
2012 16 MAR	£214,000	£277,998	23% below HPI
2009 26 NOV	£214,000	£259,448	18% below HPI
2004 12 OCT	£187,000	£252,459	26% below HPI
2001 29 JUN	£119,950	£154,890	23% below HPI
1999 5 OCT	£94,000	£125,173	25% below HPI

2 HUTCHINGS 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 seven 2 HUTCHINGS CLOSE sales between October 1999 and June 2021 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 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 HUTCHINGS CLOSE?

2 HUTCHINGS CLOSE is 81m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% 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 HUTCHINGS CLOSE lies on this distribution: 12% of detached houses are smaller than 2 HUTCHINGS CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 HUTCHINGS CLOSE: Plot and Title Map

2 HUTCHINGS CLOSE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 2 HUTCHINGS 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 HUTCHINGS 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 HUTCHINGS CLOSE?

2 HUTCHINGS CLOSE is located in LOUGHTON, in the MK5 postcode district. The below map shows the position of No. 2 on HUTCHINGS CLOSE.