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

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

7 MARTIN CLOSE is a very small extended detached house of 87m², built sometime between 1991 and 1995. It was last sold for £370,000 in May 2022, which was around 53% 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	£785,857	53% below HPI
1998 18 DEC	£117,000	£214,081	45% 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 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2022 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

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 in Buckingham, based on EPC data. The below chart shows the distribution of detached houses by size in Buckingham, and where 7 MARTIN CLOSE lies on this distribution: 9% of detached 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.