15, CULMSTOCK CLOSE, EMERSON VALLEY, MILTON KEYNES, MK4 2BH - £195,000

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

15 CULMSTOCK CLOSE is a small extended detached house of 106m², built sometime between 1983 and 1990. It was last sold for £195,000 in August 2012, which was around 31% below the average August 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

15 CULMSTOCK CLOSE Sold Prices

Land registry data shows three sales for 15 CULMSTOCK 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 15 CULMSTOCK 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
2012 24 AUG	£195,000	£284,349	31% below HPI
2002 24 MAY	£139,000	£181,287	23% below HPI
2001 9 MAR	£124,995	£147,253	15% below HPI

15 CULMSTOCK 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 15 CULMSTOCK CLOSE sales between March 2001 and August 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 May 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2012 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 15 CULMSTOCK CLOSE?

15 CULMSTOCK CLOSE is 106m², which includes three extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% 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 15 CULMSTOCK CLOSE lies on this distribution: 34% of detached houses are smaller than 15 CULMSTOCK CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

15 CULMSTOCK CLOSE: Plot and Title Map

15 CULMSTOCK CLOSE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 15 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 15 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 15 CULMSTOCK CLOSE?

15 CULMSTOCK CLOSE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 15 on CULMSTOCK CLOSE.