7, EMMETT CLOSE, EMERSON VALLEY, MILTON KEYNES, MK4 2DY - £375,000

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 EMMETT CLOSE is a small detached house of 108m², built sometime between 1991 and 1995. It was last sold for £375,000 in May 2019, which was around 12% below the average May 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

7 EMMETT CLOSE Sold Prices

Land registry data shows four sales for 7 EMMETT 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 EMMETT 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
2019 3 MAY	£375,000	£424,197	12% below HPI
2016 23 MAR	£346,500	£407,266	15% below HPI
2000 29 FEB	£118,000	£127,693	8% below HPI
1997 28 NOV	£94,000	£97,943	4% below HPI

7 EMMETT 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 EMMETT CLOSE sales between November 1997 and May 2019 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 March 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 7 EMMETT CLOSE?

7 EMMETT CLOSE is 108m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 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 EMMETT CLOSE lies on this distribution: 35% of detached houses are smaller than 7 EMMETT CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 EMMETT CLOSE: Plot and Title Map

7 EMMETT CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 7 EMMETT 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 EMMETT 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 EMMETT CLOSE?

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