3, CARDWELL CLOSE, EMERSON VALLEY, MILTON KEYNES, MK4 2LB - £395,000

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

3 CARDWELL CLOSE is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £395,000 in August 2019, which was around 8% below the average August 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

3 CARDWELL CLOSE Sold Prices

Land registry data shows two sales for 3 CARDWELL 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. One of the two 3 CARDWELL CLOSE sales was for below the average price, whilst the other was 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 14 AUG	£395,000	£431,471	8% below HPI
2004 29 MAR	£241,000	£238,410	1% above HPI

3 CARDWELL 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 3 CARDWELL CLOSE sales from March 2004 and August 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 March 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 3 CARDWELL CLOSE?

3 CARDWELL CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% 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 3 CARDWELL CLOSE lies on this distribution: 27% of detached houses are smaller than 3 CARDWELL CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 CARDWELL CLOSE: Plot and Title Map

3 CARDWELL CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 3 CARDWELL 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 3 CARDWELL 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 3 CARDWELL CLOSE?

3 CARDWELL CLOSE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 3 on CARDWELL CLOSE.