5, CUBBS CLOSE, MIDDLETON, MILTON KEYNES, MK10 9RT - £375,000

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.

5 CUBBS CLOSE is a very small terraced house of 90m², which could now be worth an estimated £454,936. It was last sold for £375,000 in April 2018, which was around 71% above the average April 2018 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was November 2008, where the current energy rating was B, and the potential energy rating was B.

5 CUBBS CLOSE Sold Prices

Land registry data shows two sales for 5 CUBBS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 5 CUBBS 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
2018 18 APR	£375,000	£218,716	71% above HPI
2009 2 OCT	£222,500	£133,049	67% above HPI

5 CUBBS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 5 CUBBS CLOSE sales from October 2009 and April 2018 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 October 2009 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the April 2018 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 5 CUBBS CLOSE be worth now?

5 CUBBS CLOSE might now be worth an estimated £454,936.

This is based on house price inflation of 21.3%, between April 2018 and April 2026, for terraced 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 21.3% inflationary increase is applied to the most recent sale price for 5 CUBBS CLOSE of £375,000 on 18th April 2018. For the value to have increased from £375,000 to £454,936 over the eight years to April 2026, the following assumptions must hold true:

• The value of 5 CUBBS CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The April 2018 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CUBBS CLOSE has not materially changed since April 2018.

How Large is 5 CUBBS CLOSE?

5 CUBBS CLOSE is 90m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 20% of terraced houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Milton Keynes, and where 5 CUBBS CLOSE lies on this distribution: 19% of terraced houses houses are smaller than 5 CUBBS CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 CUBBS CLOSE: Plot and Title Map

5 CUBBS CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 5 CUBBS 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 5 CUBBS 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 5 CUBBS CLOSE?

5 CUBBS CLOSE is located in MIDDLETON, in the MK10 postcode district. The below map shows the position of No. 5 on CUBBS CLOSE.