6, PENMON CLOSE, MONKSTON, MILTON KEYNES, MK10 9ET - £302,000

6 PENMON CLOSE is a small detached house of 111m², built sometime between 1996 and 2002. It was last sold for £302,000 in June 2014, which was around 7% below the average June 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

6 PENMON CLOSE Sold Prices

Land registry data shows three sales for 6 PENMON 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. The three 6 PENMON CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2014 5 JUN	£302,000	£323,731	7% below HPI
2006 17 AUG	£264,000	£263,603	Close to HPI
1999 26 NOV	£130,000	£126,613	3% above HPI

6 PENMON 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 6 PENMON CLOSE sales between November 1999 and June 2014 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 August 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2014 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 6 PENMON CLOSE?

6 PENMON CLOSE is 111m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 6 PENMON CLOSE lies on this distribution: 38% of detached houses are smaller than 6 PENMON CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

6 PENMON CLOSE: Plot and Title Map

6 PENMON CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 6 PENMON 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 6 PENMON 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 6 PENMON CLOSE?

6 PENMON CLOSE is located in MONKSTON, in the MK10 postcode district. The below map shows the position of No. 6 on PENMON CLOSE.