7, HEVER CLOSE, KINGSMEAD, MILTON KEYNES, MK4 4NH - £422,500

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 HEVER CLOSE is a very small detached house of 89m². It was last sold for £422,500 in May 2024, which was around 19% below the average May 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2019, where the current energy rating was B, and the potential energy rating was A.

7 HEVER CLOSE Sold Prices

Land registry data shows three sales for 7 HEVER CLOSE 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 HEVER CLOSE 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
2024 24 MAY	£422,500	£521,108	19% below HPI
2019 1 FEB	£385,000	£426,303	10% below HPI
2018 13 APR	£12,179,306	£440,402	2665% above HPI

7 HEVER 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 three 7 HEVER CLOSE sales between April 2018 and May 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 2019 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2024 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 HEVER CLOSE?

7 HEVER CLOSE is 89m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% 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 HEVER CLOSE lies on this distribution: 18% of detached houses are smaller than 7 HEVER CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 HEVER CLOSE: Plot and Title Map

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

7 HEVER CLOSE is located in KINGSMEAD, in the MK4 postcode district. The below map shows the position of No. 7 on HEVER CLOSE.