4, MORTAIN CLOSE, CALDECOTTE, MILTON KEYNES, MK7 8LS - £550,000

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 MORTAIN CLOSE is a very large extended detached house of 311m², built sometime between 1996 and 2002. It was last sold for £550,000 in July 2004, which was around 121% above the average July 2004 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

4 MORTAIN CLOSE Sold Prices

Land registry data shows three sales for 4 MORTAIN 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. The three 4 MORTAIN CLOSE sales were a mix of above the average price, and roughly equal to 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
2004 30 JUL	£550,000	£248,985	121% above HPI
2000 1 DEC	£388,000	£150,700	157% above HPI
2000 24 JAN	£126,000	£126,282	Close to HPI

4 MORTAIN 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 4 MORTAIN CLOSE sales between January 2000 and July 2004 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 December 2000 sale was for 157% above the HPI. So the extrapolation line tracks at 157% above the HPI over time, until the July 2004 sale, where it falls to 121% above the HPI. The line then continues to track at 121% above the HPI.

How Large is 4 MORTAIN CLOSE?

4 MORTAIN CLOSE is 311m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 10% 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 MORTAIN CLOSE lies on this distribution: 99% of detached houses are smaller than 4 MORTAIN CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

4 MORTAIN CLOSE: Plot and Title Map

4 MORTAIN CLOSE sits on a plot of roughly 0.231 of an acre, or 935m². The below map shows the location of 4 MORTAIN 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 MORTAIN 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 MORTAIN CLOSE?

4 MORTAIN CLOSE is located in CALDECOTTE, in the MK7 postcode district. The below map shows the position of No. 4 on MORTAIN CLOSE.