25, PARSLEY CLOSE, WALNUT TREE, MILTON KEYNES, MK7 7DA - £283,500

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

25 PARSLEY CLOSE is a very small detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £355,134. It was last sold for £283,500 in March 2019, which was around 35% below the average March 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was B.

25 PARSLEY CLOSE Sold Prices

Land registry data shows five sales for 25 PARSLEY 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 25 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
2019 22 MAR	£283,500	£438,562	35% below HPI
2008 14 JUL	£185,000	£302,762	39% below HPI
2002 17 MAY	£124,000	£187,387	34% below HPI
1999 28 MAY	£79,000	£115,966	32% below HPI
1997 7 MAR	£66,500	£90,013	26% below HPI

25 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 five 25 PARSLEY CLOSE sales between March 1997 and March 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 July 2008 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2019 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 25 PARSLEY CLOSE be worth now?

25 PARSLEY CLOSE might now be worth an estimated £355,134.

This is based on house price inflation of 25.3%, between March 2019 and December 2024, 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 25.3% inflationary increase is applied to the most recent sale price for 25 PARSLEY CLOSE of £283,500 on 22nd March 2019. For the value to have increased from £283,500 to £355,134 over the four years and three months to December 2024, the following assumptions must hold true:

• The value of 25 PARSLEY CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The March 2019 sale price of £283,500 represented a fair market value for the property.
• The size, condition, and specification of 25 PARSLEY CLOSE has not materially changed since March 2019.

How Large is 25 PARSLEY CLOSE?

25 PARSLEY CLOSE is 68m² according to the EPC inspection conducted in October 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 25 PARSLEY CLOSE lies on this distribution: 4% of detached houses houses are smaller than 25 PARSLEY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

25 PARSLEY CLOSE: Plot and Title Map

25 PARSLEY CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 25 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 25 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 25 PARSLEY CLOSE?

25 PARSLEY CLOSE is located in WALNUT TREE, in the MK7 postcode district. The below map shows the position of No. 25 on PARSLEY CLOSE.