1, PARK CLOSE, COSGROVE, MILTON KEYNES, MK19 7JN - £329,500

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 PARK CLOSE is a very small extended detached house of 112m², built sometime between 1976 and 1982, which could now be worth an estimated £428,989. It was last sold for £329,500 in October 2016, which was around 10% below the average October 2016 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

1 PARK CLOSE Sold Prices

Land registry data shows two sales for 1 PARK 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 West Northamptonshire local authority area for the corresponding sale date. Both of the two 1 PARK 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
2016 10 OCT	£329,500	£364,350	10% below HPI
2013 9 JAN	£250,000	£276,218	9% below HPI

1 PARK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The two 1 PARK CLOSE sales from January 2013 and October 2016 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 January 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 1 PARK CLOSE be worth now?

1 PARK CLOSE might now be worth an estimated £428,989.

This is based on house price inflation of 30.2%, between October 2016 and February 2025, for detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.2% inflationary increase is applied to the most recent sale price for 1 PARK CLOSE of £329,500 on 10th October 2016. For the value to have increased from £329,500 to £428,989 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 PARK CLOSE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The October 2016 sale price of £329,500 represented a fair market value for the property.
• The size, condition, and specification of 1 PARK CLOSE has not materially changed since October 2016.

How Large is 1 PARK CLOSE?

1 PARK CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of detached houses houses in Cosgrove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cosgrove, and where 1 PARK CLOSE lies on this distribution: 18% of detached houses houses are smaller than 1 PARK CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Cosgrove.

1 PARK CLOSE: Plot and Title Map

1 PARK CLOSE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 1 PARK 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 PARK 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 PARK CLOSE?

1 PARK CLOSE is located in COSGROVE, in the MK19 postcode district. The below map shows the position of No. 1 on PARK CLOSE.