7, BYWARD CLOSE, NEATH HILL, MILTON KEYNES, MK14 6JB - £340,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 BYWARD CLOSE is a very small extended detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £416,947. It was last sold for £340,000 in December 2020, which was around 26% below the average December 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

7 BYWARD CLOSE Sold Prices

Land registry data shows five sales for 7 BYWARD 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 7 BYWARD 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
2020 8 DEC	£340,000	£461,076	26% below HPI
2016 12 AUG	£295,000	£431,312	32% below HPI
2014 26 MAR	£245,000	£318,076	23% below HPI
2000 30 JUN	£119,000	£143,135	17% below HPI
1997 23 MAY	£72,995	£92,503	21% below HPI

7 BYWARD 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 7 BYWARD CLOSE sales between May 1997 and December 2020 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 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 7 BYWARD CLOSE be worth now?

7 BYWARD CLOSE might now be worth an estimated £416,947.

This is based on house price inflation of 22.6%, between December 2020 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.6% inflationary increase is applied to the most recent sale price for 7 BYWARD CLOSE of £340,000 on 8th December 2020. For the value to have increased from £340,000 to £416,947 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 BYWARD CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The December 2020 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BYWARD CLOSE has not materially changed since December 2020.

How Large is 7 BYWARD CLOSE?

7 BYWARD CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 7 BYWARD CLOSE lies on this distribution: 15% of detached houses houses are smaller than 7 BYWARD CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 BYWARD CLOSE: Plot and Title Map

7 BYWARD CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 7 BYWARD 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 BYWARD 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 BYWARD CLOSE?

7 BYWARD CLOSE is located in NEATH HILL, in the MK14 postcode district. The below map shows the position of No. 7 on BYWARD CLOSE.