3, SPARSHOLT CLOSE, EMERSON VALLEY, MILTON KEYNES, MK4 2HJ - £162,000

3 SPARSHOLT CLOSE is a very small detached house of 55m², built sometime between 1996 and 2002. It was last sold for £162,000 in November 2011, which was around 43% below the average November 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

3 SPARSHOLT CLOSE Sold Prices

Land registry data shows two sales for 3 SPARSHOLT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 3 SPARSHOLT 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 25 NOV	£162,000	£281,741	43% below HPI
2002 31 MAY	£133,500	£181,287	26% below HPI

3 SPARSHOLT 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 two 3 SPARSHOLT CLOSE sales from May 2002 and November 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 May 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2011 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 3 SPARSHOLT CLOSE?

3 SPARSHOLT CLOSE is 55m² according to the EPC inspection conducted in April 2011. 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 3 SPARSHOLT CLOSE lies on this distribution: 1% of detached houses are smaller than 3 SPARSHOLT CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 SPARSHOLT CLOSE: Plot and Title Map

3 SPARSHOLT CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 3 SPARSHOLT 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 3 SPARSHOLT 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 3 SPARSHOLT CLOSE?

3 SPARSHOLT CLOSE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 3 on SPARSHOLT CLOSE.