2, SAUNDERS CLOSE, WAVENDON GATE, MILTON KEYNES, MK7 7RS - £760,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 SAUNDERS CLOSE is a very large extended detached house of 224m², built sometime between 1996 and 2002, which could now be worth an estimated £965,366. It was last sold for £760,000 in November 2019, which was around 71% above the average November 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was C.

2 SAUNDERS CLOSE Sold Prices

Land registry data shows five sales for 2 SAUNDERS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 2 SAUNDERS 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 1 NOV	£760,000	£445,139	71% above HPI
2017 1 NOV	£745,000	£454,951	64% above HPI
2004 4 FEB	£437,000	£244,399	79% above HPI
1997 15 AUG	£214,000	£98,027	118% above HPI
1996 29 MAR	£162,000	£86,860	87% above HPI

2 SAUNDERS 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 five 2 SAUNDERS CLOSE sales between March 1996 and November 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 November 2017 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the November 2019 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 2 SAUNDERS CLOSE be worth now?

2 SAUNDERS CLOSE might now be worth an estimated £965,366.

This is based on house price inflation of 27%, between November 2019 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27% inflationary increase is applied to the most recent sale price for 2 SAUNDERS CLOSE of £760,000 on 1st November 2019. For the value to have increased from £760,000 to £965,366 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 SAUNDERS CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The November 2019 sale price of £760,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SAUNDERS CLOSE has not materially changed since November 2019.

How Large is 2 SAUNDERS CLOSE?

2 SAUNDERS CLOSE is 224m², which includes three extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 10% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 2 SAUNDERS CLOSE lies on this distribution: 95% of detached houses houses are smaller than 2 SAUNDERS CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 SAUNDERS CLOSE: Plot and Title Map

2 SAUNDERS CLOSE sits on a plot of roughly 0.221 of an acre, or 894m². The below map shows the location of 2 SAUNDERS 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 2 SAUNDERS 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 2 SAUNDERS CLOSE?

2 SAUNDERS CLOSE is located in WAVENDON GATE, in the MK7 postcode district. The below map shows the position of No. 2 on SAUNDERS CLOSE.