1, BALSAM CLOSE, WALNUT TREE, MILTON KEYNES, MK7 7NB - £212,995

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.

1 BALSAM CLOSE is a very large extended detached house of 169m², built sometime between 1996 and 2002, which could now be worth an estimated £664,312. It was last sold for £212,995 in February 2002, which was around 17% above the average February 2002 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was C.

1 BALSAM CLOSE Sold Prices

Land registry data shows two sales for 1 BALSAM 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 1 BALSAM 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
2002 1 FEB	£212,995	£181,289	17% above HPI
1996 27 SEP	£124,950	£89,858	39% above HPI

1 BALSAM 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 1 BALSAM CLOSE sales from September 1996 and February 2002 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 September 1996 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the February 2002 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 1 BALSAM CLOSE be worth now?

1 BALSAM CLOSE might now be worth an estimated £664,312.

This is based on house price inflation of 211.9%, between February 2002 and February 2025, for detached 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 211.9% inflationary increase is applied to the most recent sale price for 1 BALSAM CLOSE of £212,995 on 1st February 2002. For the value to have increased from £212,995 to £664,312 over the 23 years to February 2025, the following assumptions must hold true:

• The value of 1 BALSAM CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The February 2002 sale price of £212,995 represented a fair market value for the property.
• The size, condition, and specification of 1 BALSAM CLOSE has not materially changed since February 2002.

How Large is 1 BALSAM CLOSE?

1 BALSAM CLOSE is 169m², which includes three extensions, according to the EPC inspection conducted in November 2019. This puts it in the largest 20% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 1 BALSAM CLOSE lies on this distribution: 82% of detached houses houses are smaller than 1 BALSAM CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 BALSAM CLOSE: Plot and Title Map

1 BALSAM CLOSE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 1 BALSAM 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 1 BALSAM 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 1 BALSAM CLOSE?

1 BALSAM CLOSE is located in WALNUT TREE, in the MK7 postcode district. The below map shows the position of No. 1 on BALSAM CLOSE.