5, CARDWELL CLOSE, EMERSON VALLEY, MILTON KEYNES, MK4 2LB - £411,500

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

5 CARDWELL CLOSE is a small extended detached house of 102m², built sometime between 2003 and 2006. It was last sold for £411,500 in May 2024, which was around 21% below the average May 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

5 CARDWELL CLOSE Sold Prices

Land registry data shows four sales for 5 CARDWELL CLOSE since 1^st 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 5 CARDWELL 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
2024 3 MAY	£411,500	£521,241	21% below HPI
2014 6 JUN	£232,500	£323,731	28% below HPI
2007 24 AUG	£237,000	£294,900	20% below HPI
2004 14 APR	£182,995	£236,806	23% below HPI

5 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 four 5 CARDWELL CLOSE sales between April 2004 and May 2024 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 June 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2024 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 5 CARDWELL CLOSE?

5 CARDWELL CLOSE is 102m², which includes two extensions, according to the EPC inspection conducted in December 2023. 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 5 CARDWELL CLOSE lies on this distribution: 30% of detached houses are smaller than 5 CARDWELL CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 CARDWELL CLOSE: Plot and Title Map

5 CARDWELL CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 5 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 5 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 5 CARDWELL CLOSE?

5 CARDWELL CLOSE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 5 on CARDWELL CLOSE.