7, MARTIN CLOSE, BUCKINGHAM, MK18 7HB - £370,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 MARTIN CLOSE is a very small extended detached house of 87m², built sometime between 1991 and 1995, which could now be worth an estimated £377,209. It was last sold for £370,000 in May 2022, which was around 55% below the average May 2022 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

7 MARTIN CLOSE Sold Prices

Land registry data shows two sales for 7 MARTIN 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 Buckinghamshire local authority area for the corresponding sale date. Both of the two 7 MARTIN 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
2022 3 MAY	£370,000	£816,159	55% below HPI
1998 18 DEC	£117,000	£222,734	47% below HPI

7 MARTIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The two 7 MARTIN CLOSE sales from December 1998 and May 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 December 1998 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2022 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 7 MARTIN CLOSE be worth now?

7 MARTIN CLOSE might now be worth an estimated £377,209.

This is based on house price inflation of 1.9%, between May 2022 and December 2024, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.9% inflationary increase is applied to the most recent sale price for 7 MARTIN CLOSE of £370,000 on 3rd May 2022. For the value to have increased from £370,000 to £377,209 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 7 MARTIN CLOSE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The May 2022 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MARTIN CLOSE has not materially changed since May 2022.

How Large is 7 MARTIN CLOSE?

7 MARTIN CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% of detached houses houses in Buckingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Buckingham, and where 7 MARTIN CLOSE lies on this distribution: 9% of detached houses houses are smaller than 7 MARTIN CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Buckingham.

7 MARTIN CLOSE: Plot and Title Map

7 MARTIN CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 7 MARTIN 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 MARTIN 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 MARTIN CLOSE?

7 MARTIN CLOSE is located in BUCKINGHAM, in the MK18 postcode district. The below map shows the position of No. 7 on MARTIN CLOSE.