38, GISBURN CLOSE, HEELANDS, MILTON KEYNES, MK13 7QQ - £247,500

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.

38 GISBURN CLOSE is a very small semi-detached house of 58m², built sometime between 1991 and 1995, which could now be worth an estimated £268,752. It was last sold for £247,500 in October 2024, which was around 22% below the average October 2024 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

38 GISBURN CLOSE Sold Prices

Land registry data shows three sales for 38 GISBURN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 38 GISBURN 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
2024 4 OCT	£247,500	£319,013	22% below HPI
2016 22 MAR	£190,000	£244,996	22% below HPI
2002 12 JUN	£95,000	£105,036	10% below HPI

38 GISBURN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 38 GISBURN CLOSE sales between June 2002 and October 2024 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 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2024 sale, which was also at 22% below the HPI.

What might 38 GISBURN CLOSE be worth now?

38 GISBURN CLOSE might now be worth an estimated £268,752.

This is based on house price inflation of 8.6%, between October 2024 and March 2025, for semi-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 8.6% inflationary increase is applied to the most recent sale price for 38 GISBURN CLOSE of £247,500 on 4th October 2024. For the value to have increased from £247,500 to £268,752 over the one year and seven months to March 2025, the following assumptions must hold true:

• The value of 38 GISBURN CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The October 2024 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 38 GISBURN CLOSE has not materially changed since October 2024.

How Large is 38 GISBURN CLOSE?

38 GISBURN CLOSE is 58m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 38 GISBURN CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 38 GISBURN CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

38 GISBURN CLOSE: Plot and Title Map

38 GISBURN CLOSE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 38 GISBURN 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 38 GISBURN 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 38 GISBURN CLOSE?

38 GISBURN CLOSE is located in HEELANDS, in the MK13 postcode district. The below map shows the position of No. 38 on GISBURN CLOSE.