2, NYMANS GATE, WESTCROFT, MILTON KEYNES, MK4 4GF - £375,000

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.

2 NYMANS GATE is a small detached house of 106m², built sometime between 2003 and 2006, which could now be worth an estimated £378,300. It was last sold for £375,000 in May 2023, which was around 30% below the average May 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

2 NYMANS GATE Sold Prices

Land registry data shows three sales for 2 NYMANS GATE 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 2 NYMANS GATE 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
2023 22 MAY	£375,000	£535,978	30% below HPI
2012 24 SEP	£240,000	£301,530	20% below HPI
2007 21 DEC	£273,196	£312,968	13% below HPI

2 NYMANS GATE 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 2 NYMANS GATE sales between December 2007 and May 2023 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 September 2012 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 2 NYMANS GATE be worth now?

2 NYMANS GATE might now be worth an estimated £378,300.

This is based on house price inflation of 0.9%, between May 2023 and April 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 0.9% inflationary increase is applied to the most recent sale price for 2 NYMANS GATE of £375,000 on 22nd May 2023. For the value to have increased from £375,000 to £378,300 over the three years and one month to April 2026, the following assumptions must hold true:

• The value of 2 NYMANS GATE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The May 2023 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NYMANS GATE has not materially changed since May 2023.

How Large is 2 NYMANS GATE?

2 NYMANS GATE is 106m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 40% 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 2 NYMANS GATE lies on this distribution: 33% of detached houses houses are smaller than 2 NYMANS GATE, and 66% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 NYMANS GATE: Plot and Title Map

2 NYMANS GATE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 2 NYMANS GATE, 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 NYMANS GATE). 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 NYMANS GATE?

2 NYMANS GATE is located in WESTCROFT, in the MK4 postcode district. The below map shows the position of No. 2 on NYMANS GATE.