20, EMMETT CLOSE, EMERSON VALLEY, MILTON KEYNES, MK4 2DY - £327,000

20 EMMETT CLOSE is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £327,000 in March 2018, which was around 25% below the average March 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

20 EMMETT CLOSE Sold Prices

Land registry data shows three sales for 20 EMMETT 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 20 EMMETT 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
2018 28 MAR	£327,000	£435,928	25% below HPI
2006 1 DEC	£210,500	£272,536	23% below HPI
1998 27 FEB	£87,950	£100,476	12% below HPI

20 EMMETT 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 20 EMMETT CLOSE sales between February 1998 and March 2018 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 December 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 20 EMMETT CLOSE?

20 EMMETT CLOSE is 70m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% 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 20 EMMETT CLOSE lies on this distribution: 5% of detached houses are smaller than 20 EMMETT CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

20 EMMETT CLOSE: Plot and Title Map

20 EMMETT CLOSE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 20 EMMETT 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 20 EMMETT 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 20 EMMETT CLOSE?

20 EMMETT CLOSE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 20 on EMMETT CLOSE.