22, BABINGTON CLOSE, MIDDLETON, MILTON KEYNES, MK10 9HE - £392,000

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.

22 BABINGTON CLOSE is a small detached house of 101m², built sometime between 1996 and 2002, which could now be worth an estimated £488,958. It was last sold for £392,000 in June 2017, which was around 11% below the average June 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

22 BABINGTON CLOSE Sold Prices

Land registry data shows three sales for 22 BABINGTON CLOSE 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 22 BABINGTON 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 15 JUN	£392,000	£440,755	11% below HPI
2014 2 MAY	£300,000	£327,611	8% below HPI
2001 10 MAY	£139,995	£157,773	11% below HPI

22 BABINGTON 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 three 22 BABINGTON CLOSE sales between May 2001 and June 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 May 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 22 BABINGTON CLOSE be worth now?

22 BABINGTON CLOSE might now be worth an estimated £488,958.

This is based on house price inflation of 24.7%, between June 2017 and May 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 24.7% inflationary increase is applied to the most recent sale price for 22 BABINGTON CLOSE of £392,000 on 15th June 2017. For the value to have increased from £392,000 to £488,958 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 22 BABINGTON CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2017 sale price of £392,000 represented a fair market value for the property.
• The size, condition, and specification of 22 BABINGTON CLOSE has not materially changed since June 2017.

How Large is 22 BABINGTON CLOSE?

22 BABINGTON CLOSE is 101m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% 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 22 BABINGTON CLOSE lies on this distribution: 29% of detached houses houses are smaller than 22 BABINGTON CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

22 BABINGTON CLOSE: Plot and Title Map

22 BABINGTON CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 22 BABINGTON 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 22 BABINGTON 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 22 BABINGTON CLOSE?

22 BABINGTON CLOSE is located in MIDDLETON, in the MK10 postcode district. The below map shows the position of No. 22 on BABINGTON CLOSE.