7, BEETHOVEN CLOSE, OLD FARM PARK, MILTON KEYNES, MK7 8PL - £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

7 BEETHOVEN CLOSE is a small extended detached house of 99m², built sometime between 2003 and 2006. It was last sold for £550,000 in June 2022, which was around 10% above the average June 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

7 BEETHOVEN CLOSE Sold Prices

Land registry data shows three sales for 7 BEETHOVEN 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. Two of the three 7 BEETHOVEN CLOSE sales were for above the average price, whilst one was 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
2022 9 JUN	£550,000	£499,083	10% above HPI
2005 11 NOV	£240,000	£251,930	5% below HPI
1997 27 JUN	£104,950	£92,782	13% above HPI

7 BEETHOVEN 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 7 BEETHOVEN CLOSE sales between June 1997 and June 2022 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 November 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 7 BEETHOVEN CLOSE?

7 BEETHOVEN CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% 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 7 BEETHOVEN CLOSE lies on this distribution: 28% of detached houses are smaller than 7 BEETHOVEN CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 BEETHOVEN CLOSE: Plot and Title Map

7 BEETHOVEN CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 7 BEETHOVEN 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 7 BEETHOVEN 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 7 BEETHOVEN CLOSE?

7 BEETHOVEN CLOSE is located in OLD FARM PARK, in the MK7 postcode district. The below map shows the position of No. 7 on BEETHOVEN CLOSE.