12, MARTELL CLOSE, CALDECOTTE, MILTON KEYNES, MK7 8AG - £186,250

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 MARTELL CLOSE is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £186,250 in August 2003, which was around 18% below the average August 2003 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

12 MARTELL CLOSE Sold Prices

Land registry data shows two sales for 12 MARTELL 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 12 MARTELL 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
2003 22 AUG	£186,250	£227,612	18% below HPI
2001 23 NOV	£136,950	£171,996	20% below HPI

12 MARTELL 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 12 MARTELL CLOSE sales from November 2001 and August 2003 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 November 2001 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2003 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 12 MARTELL CLOSE?

12 MARTELL CLOSE is 73m² according to the EPC inspection conducted in November 2016. 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 12 MARTELL CLOSE lies on this distribution: 7% of detached houses are smaller than 12 MARTELL CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

12 MARTELL CLOSE: Plot and Title Map

12 MARTELL CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 12 MARTELL 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 12 MARTELL 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 12 MARTELL CLOSE?

12 MARTELL CLOSE is located in CALDECOTTE, in the MK7 postcode district. The below map shows the position of No. 12 on MARTELL CLOSE.