1, TAVERNER CLOSE, OLD FARM PARK, MILTON KEYNES, MK7 8PJ - £465,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 TAVERNER CLOSE is a midsized detached house of 123m², built sometime between 1996 and 2002. It was last sold for £465,000 in April 2017, which was around 9% above the average April 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

1 TAVERNER CLOSE Sold Prices

Land registry data shows two sales for 1 TAVERNER 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 TAVERNER 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
2017 24 APR	£465,000	£427,924	9% above HPI
1999 23 APR	£139,995	£110,797	26% above HPI

1 TAVERNER 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 TAVERNER CLOSE sales from April 1999 and April 2017 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 April 1999 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2017 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 1 TAVERNER CLOSE?

1 TAVERNER CLOSE is 123m² according to the EPC inspection conducted in December 2016. This puts it in the largest 50% 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 1 TAVERNER CLOSE lies on this distribution: 50% of detached houses are smaller than 1 TAVERNER CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 TAVERNER CLOSE: Plot and Title Map

1 TAVERNER CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 1 TAVERNER 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 TAVERNER 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 TAVERNER CLOSE?

1 TAVERNER CLOSE is located in OLD FARM PARK, in the MK7 postcode district. The below map shows the position of No. 1 on TAVERNER CLOSE.