11, MARTELL CLOSE, CALDECOTTE, MILTON KEYNES, MK7 8AG - £250,000

11 MARTELL CLOSE is a very small extended detached house of 86m², built sometime between 1996 and 2002. It was last sold for £250,000 in March 2014, which was around 19% below the average March 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

11 MARTELL CLOSE Sold Prices

Land registry data shows three sales for 11 MARTELL 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 Milton Keynes local authority area for the corresponding sale date. All of the three 11 MARTELL 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
2014 21 MAR	£250,000	£307,722	19% below HPI
2004 19 NOV	£210,000	£257,141	18% below HPI
2001 30 NOV	£136,950	£171,996	20% below HPI

11 MARTELL 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 three 11 MARTELL CLOSE sales between November 2001 and March 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 November 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2014 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 11 MARTELL CLOSE?

11 MARTELL CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% 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 11 MARTELL CLOSE lies on this distribution: 16% of detached houses are smaller than 11 MARTELL CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

11 MARTELL CLOSE: Plot and Title Map

11 MARTELL CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 11 MARTELL 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 11 MARTELL 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 11 MARTELL CLOSE?

11 MARTELL CLOSE is located in CALDECOTTE, in the MK7 postcode district. The below map shows the position of No. 11 on MARTELL CLOSE.