15, GROUNDSEL CLOSE, WALNUT TREE, MILTON KEYNES, MK7 7NT - £132,000

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 GROUNDSEL CLOSE is a very small detached house of 40m², built sometime between 1991 and 1995. It was last sold for £132,000 in September 2007, which was around 56% below the average September 2007 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

15 GROUNDSEL CLOSE Sold Prices

Land registry data shows two sales for 15 GROUNDSEL 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 15 GROUNDSEL 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
2007 27 SEP	£132,000	£301,908	56% below HPI
2000 18 MAY	£56,000	£136,050	59% below HPI

15 GROUNDSEL 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 15 GROUNDSEL CLOSE sales from May 2000 and September 2007 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 2000 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the September 2007 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 15 GROUNDSEL CLOSE?

15 GROUNDSEL CLOSE is 40m² according to the EPC inspection conducted in November 2021. 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 15 GROUNDSEL CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 15 GROUNDSEL CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

15 GROUNDSEL CLOSE: Plot and Title Map

15 GROUNDSEL CLOSE sits on a plot of roughly 0.007 of an acre, or 27m². The below map shows the location of 15 GROUNDSEL 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 GROUNDSEL 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 GROUNDSEL CLOSE?

15 GROUNDSEL CLOSE is located in WALNUT TREE, in the MK7 postcode district. The below map shows the position of No. 15 on GROUNDSEL CLOSE.