7, GLEEMAN CLOSE, GREENLEYS, MILTON KEYNES, MK12 6LH - £127,500

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.

7 GLEEMAN CLOSE is a very small semi-detached house of 50m², built sometime between 1983 and 1990, which could now be worth an estimated £265,154. It was last sold for £127,500 in September 2011, which was around 23% below the average September 2011 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

7 GLEEMAN CLOSE Sold Prices

Land registry data shows two sales for 7 GLEEMAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 7 GLEEMAN 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
2011 19 SEP	£127,500	£166,570	23% below HPI
2000 18 OCT	£75,500	£82,795	9% below HPI

7 GLEEMAN 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 two 7 GLEEMAN CLOSE sales from October 2000 and September 2011 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 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2011 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 7 GLEEMAN CLOSE be worth now?

7 GLEEMAN CLOSE might now be worth an estimated £265,154.

This is based on house price inflation of 108%, between September 2011 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 108% inflationary increase is applied to the most recent sale price for 7 GLEEMAN CLOSE of £127,500 on 19th September 2011. For the value to have increased from £127,500 to £265,154 over the fourteen years and six months to March 2025, the following assumptions must hold true:

• The value of 7 GLEEMAN CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The September 2011 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 7 GLEEMAN CLOSE has not materially changed since September 2011.

How Large is 7 GLEEMAN CLOSE?

7 GLEEMAN CLOSE is 50m² according to the EPC inspection conducted in July 2015. 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 7 GLEEMAN CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 7 GLEEMAN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 GLEEMAN CLOSE: Plot and Title Map

7 GLEEMAN CLOSE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 7 GLEEMAN 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 7 GLEEMAN 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 7 GLEEMAN CLOSE?

7 GLEEMAN CLOSE is located in GREENLEYS, in the MK12 postcode district. The below map shows the position of No. 7 on GLEEMAN CLOSE.