7A, TAVERNER CLOSE, OLD FARM PARK, MILTON KEYNES, MK7 8PJ - £410,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7A TAVERNER CLOSE is a small extended detached house of 95m², built sometime between 1991 and 1995. It was last sold for £410,000 in April 2016, which was about the average April 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

7A TAVERNER CLOSE Sold Prices

Land registry data shows four sales for 7A TAVERNER 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. The four 7A TAVERNER CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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
2016 26 APR	£410,000	£408,596	Close to HPI
2010 9 JUL	£286,000	£277,364	3% above HPI
2006 24 NOV	£264,000	£271,793	3% below HPI
1998 23 OCT	£119,000	£106,585	12% above HPI

7A TAVERNER 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 7A TAVERNER CLOSE sales between October 1998 and April 2016 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 2010 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2016 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 7A TAVERNER CLOSE?

7A TAVERNER CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 30% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 7A TAVERNER CLOSE lies on this distribution: 25% of detached houses are smaller than 7A TAVERNER CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7A TAVERNER CLOSE: Plot and Title Map

7A TAVERNER CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 7A TAVERNER 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 7A TAVERNER 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 7A TAVERNER CLOSE?

7A TAVERNER CLOSE is located in OLD FARM PARK, in the MK7 postcode district. The below map shows the position of No. 7A on TAVERNER CLOSE.