7, CHIPPING VALE, EMERSON VALLEY, MILTON KEYNES, MK4 2LD - £450,000

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

7 CHIPPING VALE is a midsized extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £450,000 in December 2022, which was around 15% below the average December 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

7 CHIPPING VALE Sold Prices

Land registry data shows three sales for 7 CHIPPING VALE 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 CHIPPING VALE sales were for below the average price, whilst one was for above 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 2 DEC	£450,000	£532,265	15% below HPI
2022 16 SEP	£500,000	£521,577	4% below HPI
2000 29 SEP	£176,995	£145,865	21% above HPI

7 CHIPPING VALE 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 CHIPPING VALE sales between September 2000 and December 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 September 2022 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 CHIPPING VALE?

7 CHIPPING VALE is 119m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% 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 CHIPPING VALE lies on this distribution: 46% of detached houses are smaller than 7 CHIPPING VALE, and 53% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 CHIPPING VALE: Plot and Title Map

7 CHIPPING VALE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 7 CHIPPING VALE, 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 CHIPPING VALE). 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 CHIPPING VALE?

7 CHIPPING VALE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 7 on CHIPPING VALE.