3, PADDOCK CLOSE, GREAT LINFORD, MILTON KEYNES, MK14 5LD - £600,000

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.

3 PADDOCK CLOSE is a very large detached house of 250m², built sometime between 1996 and 2002, which could now be worth an estimated £1,109,817. It was last sold for £600,000 in October 2012, which was around 102% above the average October 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

3 PADDOCK CLOSE Sold Prices

Land registry data shows three sales for 3 PADDOCK 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 3 PADDOCK CLOSE sales were for above 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
2012 26 OCT	£600,000	£297,223	102% above HPI
2004 14 DEC	£630,000	£262,908	140% above HPI
2001 20 JUL	£440,000	£164,660	167% above HPI

3 PADDOCK 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 3 PADDOCK CLOSE sales between July 2001 and October 2012 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 2004 sale was for 140% above the HPI. So the extrapolation line tracks at 140% above the HPI over time, until the October 2012 sale, where it falls to 102% above the HPI. The line then continues to track at 102% above the HPI.

What might 3 PADDOCK CLOSE be worth now?

3 PADDOCK CLOSE might now be worth an estimated £1,109,817.

This is based on house price inflation of 85%, between October 2012 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 85% inflationary increase is applied to the most recent sale price for 3 PADDOCK CLOSE of £600,000 on 26th October 2012. For the value to have increased from £600,000 to £1,109,817 over the fourteen years and five months to May 2026, the following assumptions must hold true:

• The value of 3 PADDOCK CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The October 2012 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PADDOCK CLOSE has not materially changed since October 2012.

How Large is 3 PADDOCK CLOSE?

3 PADDOCK CLOSE is 250m² according to the EPC inspection conducted in August 2010. This puts it in the largest 10% 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 3 PADDOCK CLOSE lies on this distribution: 97% of detached houses houses are smaller than 3 PADDOCK CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 PADDOCK CLOSE: Plot and Title Map

3 PADDOCK CLOSE sits on a plot of roughly 0.274 of an acre, or 1,108m². The below map shows the location of 3 PADDOCK 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 3 PADDOCK 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 3 PADDOCK CLOSE?

3 PADDOCK CLOSE is located in GREAT LINFORD, in the MK14 postcode district. The below map shows the position of No. 3 on PADDOCK CLOSE.