7, COTMAN CLOSE, GREENLEYS, MILTON KEYNES, MK12 6AF - £180,000

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 COTMAN CLOSE is a large detached house of 136m², built sometime between 1976 and 1982. It was last sold for £180,000 in July 2014, which was around 45% below the average July 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

7 COTMAN CLOSE Sold Prices

Land registry data shows two sales for 7 COTMAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 7 COTMAN 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
2014 4 JUL	£180,000	£330,178	45% below HPI
2010 2 AUG	£140,000	£277,995	50% below HPI

7 COTMAN 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 two 7 COTMAN CLOSE sales from August 2010 and July 2014 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 2010 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the July 2014 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 7 COTMAN CLOSE?

7 COTMAN CLOSE is 136m² according to the EPC inspection conducted in July 2015. This puts it in the largest 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 7 COTMAN CLOSE lies on this distribution: 62% of detached houses are smaller than 7 COTMAN CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 COTMAN CLOSE: Plot and Title Map

7 COTMAN CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 7 COTMAN 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 COTMAN 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 COTMAN CLOSE?

7 COTMAN CLOSE is located in GREENLEYS, in the MK12 postcode district. The below map shows the position of No. 7 on COTMAN CLOSE.