13, RAVEL CLOSE, OLD FARM PARK, MILTON KEYNES, MK7 8EY - £685,000

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

13 RAVEL CLOSE is a very large detached house of 174m², built sometime between 1996 and 2002. It was last sold for £685,000 in December 2019, which was around 59% above the average December 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was C.

13 RAVEL CLOSE Sold Prices

Land registry data shows three sales for 13 RAVEL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 13 RAVEL 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
2019 6 DEC	£685,000	£431,384	59% above HPI
2009 6 MAR	£350,000	£238,214	47% above HPI
2000 31 JUL	£252,950	£139,860	81% above HPI

13 RAVEL 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 three 13 RAVEL CLOSE sales between July 2000 and December 2019 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 March 2009 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the December 2019 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 13 RAVEL CLOSE?

13 RAVEL CLOSE is 174m² according to the EPC inspection conducted in June 2019. This puts it in the largest 20% 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 13 RAVEL CLOSE lies on this distribution: 84% of detached houses are smaller than 13 RAVEL CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

13 RAVEL CLOSE: Plot and Title Map

13 RAVEL CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 13 RAVEL 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 13 RAVEL 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 13 RAVEL CLOSE?

13 RAVEL CLOSE is located in OLD FARM PARK, in the MK7 postcode district. The below map shows the position of No. 13 on RAVEL CLOSE.