4, CASTERTON CLOSE, HEELANDS, MILTON KEYNES, MK13 7QP - £495,000

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.

4 CASTERTON CLOSE is a small detached house of 111m², built sometime between 1983 and 1990, which could now be worth an estimated £522,764. It was last sold for £495,000 in June 2023, which was around 8% below the average June 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

4 CASTERTON CLOSE Sold Prices

Land registry data shows three sales for 4 CASTERTON 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 4 CASTERTON 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
2023 16 JUN	£495,000	£535,394	8% below HPI
2016 16 FEB	£390,000	£411,324	5% below HPI
1995 18 MAY	£78,500	£84,722	7% below HPI

4 CASTERTON 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 4 CASTERTON CLOSE sales between May 1995 and June 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 February 2016 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2023 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 4 CASTERTON CLOSE be worth now?

4 CASTERTON CLOSE might now be worth an estimated £522,764.

This is based on house price inflation of 5.6%, between June 2023 and February 2025, 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 5.6% inflationary increase is applied to the most recent sale price for 4 CASTERTON CLOSE of £495,000 on 16th June 2023. For the value to have increased from £495,000 to £522,764 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 4 CASTERTON CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2023 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CASTERTON CLOSE has not materially changed since June 2023.

How Large is 4 CASTERTON CLOSE?

4 CASTERTON CLOSE is 111m² according to the EPC inspection conducted in September 2015. 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 4 CASTERTON CLOSE lies on this distribution: 38% of detached houses houses are smaller than 4 CASTERTON CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

4 CASTERTON CLOSE: Plot and Title Map

4 CASTERTON CLOSE sits on a plot of roughly 0.181 of an acre, or 734m². The below map shows the location of 4 CASTERTON 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 4 CASTERTON 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 4 CASTERTON CLOSE?

4 CASTERTON CLOSE is located in HEELANDS, in the MK13 postcode district. The below map shows the position of No. 4 on CASTERTON CLOSE.