74, DARWIN CLOSE, MEDBOURNE, MILTON KEYNES, MK5 6FF - £320,000

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.

74 DARWIN CLOSE is a small terraced house of 107m², built sometime between 2003 and 2006, which could now be worth an estimated £396,611. It was last sold for £320,000 in October 2019, which was around 49% above the average October 2019 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

74 DARWIN CLOSE Sold Prices

Land registry data shows three sales for 74 DARWIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the three 74 DARWIN 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
2019 17 OCT	£320,000	£214,084	49% above HPI
2003 25 JUN	£188,500	£102,923	83% above HPI
2003 2 MAY	£164,500	£103,677	59% above HPI

74 DARWIN 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 three 74 DARWIN CLOSE sales between May 2003 and October 2019 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 June 2003 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the October 2019 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 74 DARWIN CLOSE be worth now?

74 DARWIN CLOSE might now be worth an estimated £396,611.

This is based on house price inflation of 23.9%, between October 2019 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 23.9% inflationary increase is applied to the most recent sale price for 74 DARWIN CLOSE of £320,000 on 17th October 2019. For the value to have increased from £320,000 to £396,611 over the seven years and six months to April 2026, the following assumptions must hold true:

• The value of 74 DARWIN CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The October 2019 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 74 DARWIN CLOSE has not materially changed since October 2019.

How Large is 74 DARWIN CLOSE?

74 DARWIN CLOSE is 107m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% 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 74 DARWIN CLOSE lies on this distribution: 34% of terraced houses houses are smaller than 74 DARWIN CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

74 DARWIN CLOSE: Plot and Title Map

74 DARWIN CLOSE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 74 DARWIN 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 74 DARWIN 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 74 DARWIN CLOSE?

74 DARWIN CLOSE is located in MEDBOURNE, in the MK5 postcode district. The below map shows the position of No. 74 on DARWIN CLOSE.