7, RANDOLPH CLOSE, BRADVILLE, MILTON KEYNES, MK13 7JN - £250,000

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 RANDOLPH CLOSE is a large detached house of 134m², built sometime between 1996 and 2002, which could now be worth an estimated £498,438. It was last sold for £250,000 in July 2011, which was around 12% below the average July 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

7 RANDOLPH CLOSE Sold Prices

Land registry data shows four sales for 7 RANDOLPH 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. two of the four 7 RANDOLPH CLOSE sales were for below the average price, and four were 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
2011 22 JUL	£250,000	£283,598	12% below HPI
2004 26 AUG	£237,000	£256,860	8% below HPI
2000 20 APR	£149,500	£138,621	8% above HPI
1998 20 NOV	£122,500	£110,934	10% above HPI

7 RANDOLPH 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 RANDOLPH CLOSE sales between November 1998 and July 2011 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 August 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2011 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 7 RANDOLPH CLOSE be worth now?

7 RANDOLPH CLOSE might now be worth an estimated £498,438.

This is based on house price inflation of 99.4%, between July 2011 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 99.4% inflationary increase is applied to the most recent sale price for 7 RANDOLPH CLOSE of £250,000 on 22nd July 2011. For the value to have increased from £250,000 to £498,438 over the fourteen years and five months to February 2025, the following assumptions must hold true:

• The value of 7 RANDOLPH CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The July 2011 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 RANDOLPH CLOSE has not materially changed since July 2011.

How Large is 7 RANDOLPH CLOSE?

7 RANDOLPH CLOSE is 134m² according to the EPC inspection conducted in February 2010. This puts it in the largest 40% 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 RANDOLPH CLOSE lies on this distribution: 61% of detached houses houses are smaller than 7 RANDOLPH CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 RANDOLPH CLOSE: Plot and Title Map

7 RANDOLPH CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 7 RANDOLPH 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 RANDOLPH 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 RANDOLPH CLOSE?

7 RANDOLPH CLOSE is located in BRADVILLE, in the MK13 postcode district. The below map shows the position of No. 7 on RANDOLPH CLOSE.