14, CARDWELL CLOSE, EMERSON VALLEY, MILTON KEYNES, MK4 2LB - £185,000

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

14 CARDWELL CLOSE is a very small extended detached house of 86m², built sometime between 1996 and 2002. It was last sold for £185,000 in July 2009, which was around 27% below the average July 2009 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

14 CARDWELL CLOSE Sold Prices

Land registry data shows three sales for 14 CARDWELL 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 14 CARDWELL 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
2009 27 JUL	£185,000	£254,065	27% below HPI
2005 31 MAY	£202,500	£254,694	20% below HPI
1999 29 APR	£87,000	£110,797	21% below HPI

14 CARDWELL 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 14 CARDWELL CLOSE sales between April 1999 and July 2009 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 May 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2009 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 14 CARDWELL CLOSE?

14 CARDWELL CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 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 14 CARDWELL CLOSE lies on this distribution: 16% of detached houses are smaller than 14 CARDWELL CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

14 CARDWELL CLOSE: Plot and Title Map

14 CARDWELL CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 14 CARDWELL 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 14 CARDWELL 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 14 CARDWELL CLOSE?

14 CARDWELL CLOSE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 14 on CARDWELL CLOSE.