7, CARTMEL CLOSE, BLETCHLEY, MILTON KEYNES, MK3 5LT - £225,000

7 CARTMEL CLOSE is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £225,000 in November 2012, which was around 20% below the average November 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

7 CARTMEL CLOSE Sold Prices

Land registry data shows four sales for 7 CARTMEL 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 7 CARTMEL 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
2012 30 NOV	£225,000	£282,340	20% below HPI
2007 30 NOV	£216,500	£306,776	29% below HPI
2006 6 OCT	£203,000	£270,292	25% below HPI
2003 12 SEP	£173,000	£233,788	26% below HPI

7 CARTMEL 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 7 CARTMEL CLOSE sales between September 2003 and November 2012 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 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2012 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 7 CARTMEL CLOSE?

7 CARTMEL CLOSE is 78m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 7 CARTMEL CLOSE lies on this distribution: 13% of detached houses are smaller than 7 CARTMEL CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

7 CARTMEL CLOSE: Plot and Title Map

7 CARTMEL CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 7 CARTMEL 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 CARTMEL 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 CARTMEL CLOSE?

7 CARTMEL CLOSE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 7 on CARTMEL CLOSE.