7, CULMSTOCK CLOSE, EMERSON VALLEY, MILTON KEYNES, MK4 2BH - £315,000

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 CULMSTOCK CLOSE is a very small detached house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £337,001. It was last sold for £315,000 in August 2024, which was around 40% below the average August 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

7 CULMSTOCK CLOSE Sold Prices

Land registry data shows two sales for 7 CULMSTOCK 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 CULMSTOCK 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
2024 13 AUG	£315,000	£528,510	40% below HPI
2003 28 FEB	£168,000	£234,681	28% below HPI

7 CULMSTOCK 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 CULMSTOCK CLOSE sales from February 2003 and August 2024 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 February 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2024 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 7 CULMSTOCK CLOSE be worth now?

7 CULMSTOCK CLOSE might now be worth an estimated £337,001.

This is based on house price inflation of 7%, between August 2024 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 7% inflationary increase is applied to the most recent sale price for 7 CULMSTOCK CLOSE of £315,000 on 13th August 2024. For the value to have increased from £315,000 to £337,001 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 7 CULMSTOCK CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The August 2024 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CULMSTOCK CLOSE has not materially changed since August 2024.

How Large is 7 CULMSTOCK CLOSE?

7 CULMSTOCK CLOSE is 63m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% 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 CULMSTOCK CLOSE lies on this distribution: 3% of detached houses houses are smaller than 7 CULMSTOCK CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 CULMSTOCK CLOSE: Plot and Title Map

7 CULMSTOCK CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 7 CULMSTOCK 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 CULMSTOCK 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 CULMSTOCK CLOSE?

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