2, VILLAGE CLOSE, SHERINGTON, NEWPORT PAGNELL, MK16 9PZ - £425,000

2 VILLAGE CLOSE is a very small extended detached house of 81m², built sometime between 1976 and 1982. It was last sold for £425,000 in August 2019, which was around 1% below the average August 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

2 VILLAGE CLOSE Sold Prices

Land registry data shows two sales for 2 VILLAGE 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 2 VILLAGE 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
2019 29 AUG	£425,000	£431,471	1% below HPI
2015 8 APR	£301,500	£351,345	14% below HPI

2 VILLAGE 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 2 VILLAGE CLOSE sales from April 2015 and August 2019 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 April 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2019 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 2 VILLAGE CLOSE?

2 VILLAGE CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in Sherington, based on EPC data. The below chart shows the distribution of detached houses by size in Sherington, and where 2 VILLAGE CLOSE lies on this distribution: 6% of detached houses are smaller than 2 VILLAGE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Sherington.

2 VILLAGE CLOSE: Plot and Title Map

2 VILLAGE CLOSE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 2 VILLAGE 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 VILLAGE 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 VILLAGE CLOSE?

2 VILLAGE CLOSE is located in SHERINGTON, in the MK16 postcode district. The below map shows the position of No. 2 on VILLAGE CLOSE.