4, TAVERNER CLOSE, OLD FARM PARK, MILTON KEYNES, MK7 8PJ - £363,000

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

4 TAVERNER CLOSE is a small detached house of 105m², built sometime between 1996 and 2002. It was last sold for £363,000 in October 2016, which was around 10% below the average October 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

4 TAVERNER CLOSE Sold Prices

Land registry data shows five sales for 4 TAVERNER 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 4 TAVERNER 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
2016 13 OCT	£363,000	£404,914	10% below HPI
2010 16 DEC	£249,950	£274,112	9% below HPI
2004 9 JUL	£235,000	£248,985	6% below HPI
2001 24 SEP	£149,000	£169,774	12% below HPI
1999 29 JAN	£99,995	£108,106	8% below HPI

4 TAVERNER 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 4 TAVERNER CLOSE sales between January 1999 and October 2016 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 2010 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 4 TAVERNER CLOSE?

4 TAVERNER CLOSE is 105m² according to the EPC inspection conducted in September 2010. 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 4 TAVERNER CLOSE lies on this distribution: 34% of detached houses are smaller than 4 TAVERNER CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

4 TAVERNER CLOSE: Plot and Title Map

4 TAVERNER CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 4 TAVERNER 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 TAVERNER 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 TAVERNER CLOSE?

4 TAVERNER CLOSE is located in OLD FARM PARK, in the MK7 postcode district. The below map shows the position of No. 4 on TAVERNER CLOSE.