8, TAVERNER CLOSE, OLD FARM PARK, MILTON KEYNES, MK7 8PJ - £310,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

8 TAVERNER CLOSE is a small detached house of 112m², built sometime between 1991 and 1995. It was last sold for £310,000 in May 2014, which was around 5% below the average May 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

8 TAVERNER CLOSE Sold Prices

Land registry data shows six sales for 8 TAVERNER CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. The six 8 TAVERNER CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2014 28 MAY	£310,000	£327,611	5% below HPI
2011 3 JUN	£249,000	£276,468	10% below HPI
2005 4 MAR	£217,500	£258,639	16% below HPI
2000 5 MAY	£140,000	£140,627	Close to HPI
1999 13 JUL	£102,500	£119,431	14% below HPI
1996 23 FEB	£98,000	£85,816	14% above HPI

8 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 six 8 TAVERNER CLOSE sales between February 1996 and May 2014 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 June 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2014 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 TAVERNER CLOSE?

8 TAVERNER CLOSE is 112m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% 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 8 TAVERNER CLOSE lies on this distribution: 39% of detached houses are smaller than 8 TAVERNER CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 TAVERNER CLOSE: Plot and Title Map

8 TAVERNER CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 8 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 8 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 8 TAVERNER CLOSE?

8 TAVERNER CLOSE is located in OLD FARM PARK, in the MK7 postcode district. The below map shows the position of No. 8 on TAVERNER CLOSE.