9, GAINSBOROUGH CLOSE, GRANGE FARM, MILTON KEYNES, MK8 0NA - £405,000

9 GAINSBOROUGH CLOSE is a small detached house of 108m², built sometime between 2003 and 2006. It was last sold for £405,000 in March 2021, which was around 10% below the average March 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

9 GAINSBOROUGH CLOSE Sold Prices

Land registry data shows three sales for 9 GAINSBOROUGH 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. Two of the three 9 GAINSBOROUGH CLOSE sales were for below the average price, whilst one was 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
2021 26 MAR	£405,000	£451,575	10% below HPI
2006 21 APR	£250,000	£252,926	1% below HPI
2003 27 JUN	£235,000	£222,418	6% above HPI

9 GAINSBOROUGH 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 9 GAINSBOROUGH CLOSE sales between June 2003 and March 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 April 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 9 GAINSBOROUGH CLOSE?

9 GAINSBOROUGH CLOSE is 108m² according to the EPC inspection conducted in June 2020. 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 9 GAINSBOROUGH CLOSE lies on this distribution: 35% of detached houses are smaller than 9 GAINSBOROUGH CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

9 GAINSBOROUGH CLOSE: Plot and Title Map

9 GAINSBOROUGH CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 9 GAINSBOROUGH 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 9 GAINSBOROUGH 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 9 GAINSBOROUGH CLOSE?

9 GAINSBOROUGH CLOSE is located in GRANGE FARM, in the MK8 postcode district. The below map shows the position of No. 9 on GAINSBOROUGH CLOSE.