Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
34 RAMSAY CLOSE is a small extended detached house of 103m², built sometime between 1983 and 1990. It was last sold for £392,000 in December 2018, which was around 10% below the average December 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 34 RAMSAY CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 34 RAMSAY 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 |
---|---|---|---|
2018 19 DEC | £392,000 | £433,718 | 10% below HPI |
2007 20 MAR | £244,995 | £275,041 | 11% below HPI |
2001 11 JUN | £148,000 | £154,890 | 4% below HPI |
1996 29 FEB | £71,000 | £83,023 | 14% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 34 RAMSAY CLOSE sales between February 1996 and December 2018 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 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2018 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
34 RAMSAY CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% 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 34 RAMSAY CLOSE lies on this distribution: 31% of detached houses are smaller than 34 RAMSAY CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
34 RAMSAY CLOSE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 34 RAMSAY 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 34 RAMSAY 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.
34 RAMSAY CLOSE is located in BRADWELL, in the MK13 postcode district. The below map shows the position of No. 34 on RAMSAY CLOSE.