10, CULMSTOCK CLOSE, EMERSON VALLEY, MILTON KEYNES, MK4 2BH - £175,000

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.

10 CULMSTOCK CLOSE is a very small semi-detached house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £350,452. It was last sold for £175,000 in February 2012, which was around 4% above the average February 2012 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

10 CULMSTOCK CLOSE Sold Prices

Land registry data shows three sales for 10 CULMSTOCK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 10 CULMSTOCK 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
2012 10 FEB	£175,000	£168,156	4% above HPI
2006 27 FEB	£164,000	£154,671	6% above HPI
2000 12 JAN	£85,000	£71,157	19% above HPI

10 CULMSTOCK CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 10 CULMSTOCK CLOSE sales between January 2000 and February 2012 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 February 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2012 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 10 CULMSTOCK CLOSE be worth now?

10 CULMSTOCK CLOSE might now be worth an estimated £350,452.

This is based on house price inflation of 100.3%, between February 2012 and February 2025, for semi-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 100.3% inflationary increase is applied to the most recent sale price for 10 CULMSTOCK CLOSE of £175,000 on 10th February 2012. For the value to have increased from £175,000 to £350,452 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 10 CULMSTOCK CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The February 2012 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 10 CULMSTOCK CLOSE has not materially changed since February 2012.

How Large is 10 CULMSTOCK CLOSE?

10 CULMSTOCK CLOSE is 63m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 10 CULMSTOCK CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 10 CULMSTOCK CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

10 CULMSTOCK CLOSE: Plot and Title Map

10 CULMSTOCK CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 10 CULMSTOCK 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 10 CULMSTOCK 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 10 CULMSTOCK CLOSE?

10 CULMSTOCK CLOSE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 10 on CULMSTOCK CLOSE.