5, INGLETON CLOSE, HEELANDS, MILTON KEYNES, MK13 7NN - £441,000

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 INGLETON CLOSE is a midsized extended detached house of 126m², built sometime between 1991 and 1995, which could now be worth an estimated £510,694. It was last sold for £441,000 in August 2021, which was around 10% below the average August 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2021, where the current energy rating was B, and the potential energy rating was A.

5 INGLETON CLOSE Sold Prices

Land registry data shows three sales for 5 INGLETON 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 5 INGLETON 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
2021 27 AUG	£441,000	£488,261	10% below HPI
2012 9 NOV	£225,000	£291,840	23% below HPI
2000 28 JAN	£119,995	£130,531	8% below HPI

5 INGLETON 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 5 INGLETON CLOSE sales between January 2000 and August 2021 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 November 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 5 INGLETON CLOSE be worth now?

5 INGLETON CLOSE might now be worth an estimated £510,694.

This is based on house price inflation of 15.8%, between August 2021 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 15.8% inflationary increase is applied to the most recent sale price for 5 INGLETON CLOSE of £441,000 on 27th August 2021. For the value to have increased from £441,000 to £510,694 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 5 INGLETON CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The August 2021 sale price of £441,000 represented a fair market value for the property.
• The size, condition, and specification of 5 INGLETON CLOSE has not materially changed since August 2021.

How Large is 5 INGLETON CLOSE?

5 INGLETON CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 50% 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 5 INGLETON CLOSE lies on this distribution: 53% of detached houses houses are smaller than 5 INGLETON CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 INGLETON CLOSE: Plot and Title Map

5 INGLETON CLOSE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 5 INGLETON 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 INGLETON 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 INGLETON CLOSE?

5 INGLETON CLOSE is located in HEELANDS, in the MK13 postcode district. The below map shows the position of No. 5 on INGLETON CLOSE.