7, SCOTTS CLOSE, STOKE HAMMOND, MILTON KEYNES, MK17 9RQ - £350,000

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 SCOTTS CLOSE is a very small detached house of 123m², built sometime between 1991 and 1995, which could now be worth an estimated £694,842. It was last sold for £350,000 in October 2004, which was around 18% below the average October 2004 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

7 SCOTTS CLOSE Sold Prices

Land registry data shows four sales for 7 SCOTTS 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 Buckinghamshire local authority area for the corresponding sale date. All of the four 7 SCOTTS 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
2004 29 OCT	£350,000	£426,236	18% below HPI
2002 8 FEB	£248,000	£334,006	26% below HPI
2000 3 NOV	£232,000	£301,685	23% below HPI
1998 15 MAY	£175,000	£212,953	18% below HPI

7 SCOTTS 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 four 7 SCOTTS CLOSE sales between May 1998 and October 2004 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 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2004 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 7 SCOTTS CLOSE be worth now?

7 SCOTTS CLOSE might now be worth an estimated £694,842.

This is based on house price inflation of 98.5%, between October 2004 and February 2025, 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 98.5% inflationary increase is applied to the most recent sale price for 7 SCOTTS CLOSE of £350,000 on 29th October 2004. For the value to have increased from £350,000 to £694,842 over the 21 years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 SCOTTS CLOSE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The October 2004 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SCOTTS CLOSE has not materially changed since October 2004.

How Large is 7 SCOTTS CLOSE?

7 SCOTTS CLOSE is 123m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 20% of detached houses houses in Stoke Hammond, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoke Hammond, and where 7 SCOTTS CLOSE lies on this distribution: 13% of detached houses houses are smaller than 7 SCOTTS CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Stoke Hammond.

7 SCOTTS CLOSE: Plot and Title Map

7 SCOTTS CLOSE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 7 SCOTTS 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 SCOTTS 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 SCOTTS CLOSE?

7 SCOTTS CLOSE is located in STOKE HAMMOND, in the MK17 postcode district. The below map shows the position of No. 7 on SCOTTS CLOSE.