7, ROSEBAY CLOSE, WALNUT TREE, MILTON KEYNES, MK7 7BL - £342,000

7 ROSEBAY CLOSE is a very small detached house of 62m², built sometime between 1983 and 1990. It was last sold for £342,000 in July 2018, which was around 22% below the average July 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

7 ROSEBAY CLOSE Sold Prices

Land registry data shows five sales for 7 ROSEBAY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 7 ROSEBAY 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 27 JUL	£342,000	£439,174	22% below HPI
2015 11 DEC	£275,000	£385,669	29% below HPI
2011 20 MAY	£195,000	£267,276	27% below HPI
1999 18 MAY	£78,000	£112,191	30% below HPI
1996 4 NOV	£64,995	£87,447	26% below HPI

7 ROSEBAY 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 five 7 ROSEBAY CLOSE sales between November 1996 and July 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 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 7 ROSEBAY CLOSE?

7 ROSEBAY CLOSE is 62m² according to the EPC inspection conducted in May 2015. 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 7 ROSEBAY CLOSE lies on this distribution: 3% of detached houses are smaller than 7 ROSEBAY CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 ROSEBAY CLOSE: Plot and Title Map

7 ROSEBAY CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 7 ROSEBAY 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 ROSEBAY 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 ROSEBAY CLOSE?

7 ROSEBAY CLOSE is located in WALNUT TREE, in the MK7 postcode district. The below map shows the position of No. 7 on ROSEBAY CLOSE.