22, PARSLEY CLOSE, WALNUT TREE, MILTON KEYNES, MK7 7DA - £187,500

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

22 PARSLEY CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £359,260. It was last sold for £187,500 in August 2008, which was around 36% below the average August 2008 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

22 PARSLEY CLOSE Sold Prices

Land registry data shows three sales for 22 PARSLEY 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 22 PARSLEY 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
2008 8 AUG	£187,500	£295,098	36% below HPI
2005 10 MAR	£174,500	£258,639	33% below HPI
1999 2 SEP	£80,000	£125,529	36% below HPI

22 PARSLEY 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 22 PARSLEY CLOSE sales between September 1999 and August 2008 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 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2008 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 22 PARSLEY CLOSE be worth now?

22 PARSLEY CLOSE might now be worth an estimated £359,260.

This is based on house price inflation of 91.6%, between August 2008 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 91.6% inflationary increase is applied to the most recent sale price for 22 PARSLEY CLOSE of £187,500 on 8th August 2008. For the value to have increased from £187,500 to £359,260 over the seventeen years and six months to February 2025, the following assumptions must hold true:

• The value of 22 PARSLEY CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The August 2008 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 22 PARSLEY CLOSE has not materially changed since August 2008.

How Large is 22 PARSLEY CLOSE?

22 PARSLEY CLOSE is 69m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 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 22 PARSLEY CLOSE lies on this distribution: 4% of detached houses houses are smaller than 22 PARSLEY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

22 PARSLEY CLOSE: Plot and Title Map

22 PARSLEY CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 22 PARSLEY 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 22 PARSLEY 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 22 PARSLEY CLOSE?

22 PARSLEY CLOSE is located in WALNUT TREE, in the MK7 postcode district. The below map shows the position of No. 22 on PARSLEY CLOSE.