7, SILK CLOSE, BUCKINGHAM, MK18 7RF - £565,000

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 SILK CLOSE is a very large detached house of 234m², which could now be worth an estimated £560,324. It was last sold for £565,000 in July 2023, which was around 33% below the average July 2023 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was B.

7 SILK CLOSE Sold Prices

Land registry data shows three sales for 7 SILK 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 Buckinghamshire local authority area for the corresponding sale date. All of the three 7 SILK 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
2023 12 JUL	£565,000	£839,003	33% below HPI
2021 19 JUL	£678,333	£760,169	11% below HPI
2016 20 DEC	£624,995	£720,931	13% below HPI

7 SILK 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 three 7 SILK CLOSE sales between December 2016 and July 2023 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 July 2021 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 7 SILK CLOSE be worth now?

7 SILK CLOSE might now be worth an estimated £560,324.

This is based on house price deflation of 0.8%, between July 2023 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 0.8% deflationary decrease is applied to the most recent sale price for 7 SILK CLOSE of £565,000 on 12th July 2023. For the value to have decreased from £565,000 to £560,324 over the seven months to December 2024, the following assumptions must hold true:

• The value of 7 SILK CLOSE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The July 2023 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SILK CLOSE has not materially changed since July 2023.

How Large is 7 SILK CLOSE?

7 SILK CLOSE is 234m² according to the EPC inspection conducted in November 2016. This puts it in the largest 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 SILK CLOSE lies on this distribution: 99% of detached houses houses are smaller than 7 SILK CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Buckingham.

7 SILK CLOSE: Plot and Title Map

7 SILK CLOSE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 7 SILK 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 SILK 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 SILK CLOSE?

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