4, CARDWELL CLOSE, EMERSON VALLEY, MILTON KEYNES, MK4 2LB - £440,000

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

4 CARDWELL CLOSE is a large detached house of 137m², built sometime between 1991 and 1995. It was last sold for £440,000 in December 2015, which was around 14% above the average December 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

4 CARDWELL CLOSE Sold Prices

Land registry data shows two sales for 4 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. Both of the two 4 CARDWELL 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
2015 3 DEC	£440,000	£385,669	14% above HPI
2008 15 AUG	£295,000	£285,491	3% above HPI

4 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 4 CARDWELL CLOSE sales from August 2008 and December 2015 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 August 2008 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2015 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 4 CARDWELL CLOSE?

4 CARDWELL CLOSE is 137m² according to the EPC inspection conducted in August 2014. This puts it in the largest 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 4 CARDWELL CLOSE lies on this distribution: 63% of detached houses are smaller than 4 CARDWELL CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

4 CARDWELL CLOSE: Plot and Title Map

4 CARDWELL CLOSE sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 4 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 4 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 4 CARDWELL CLOSE?

4 CARDWELL CLOSE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 4 on CARDWELL CLOSE.