17, MARRAM CLOSE, BEANHILL, MILTON KEYNES, MK6 4LS - £215,000

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.

17 MARRAM CLOSE is a small semi-detached house of 103m², built sometime between 1976 and 1982, which could now be worth an estimated £280,744. It was last sold for £215,000 in April 2016, which was around 13% below the average April 2016 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

17 MARRAM CLOSE Sold Prices

Land registry data shows two sales for 17 MARRAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 17 MARRAM 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
2016 1 APR	£215,000	£246,206	13% below HPI
2005 4 NOV	£129,000	£153,775	16% below HPI

17 MARRAM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 17 MARRAM CLOSE sales from November 2005 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 November 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 17 MARRAM CLOSE be worth now?

17 MARRAM CLOSE might now be worth an estimated £280,744.

This is based on house price inflation of 30.6%, between April 2016 and April 2026, for semi-detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.6% inflationary increase is applied to the most recent sale price for 17 MARRAM CLOSE of £215,000 on 1st April 2016. For the value to have increased from £215,000 to £280,744 over the ten years to April 2026, the following assumptions must hold true:

• The value of 17 MARRAM CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The April 2016 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MARRAM CLOSE has not materially changed since April 2016.

How Large is 17 MARRAM CLOSE?

17 MARRAM CLOSE is 103m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 40% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 17 MARRAM CLOSE lies on this distribution: 31% of semi-detached houses houses are smaller than 17 MARRAM CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

17 MARRAM CLOSE: Plot and Title Map

17 MARRAM CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 17 MARRAM 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 17 MARRAM 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 17 MARRAM CLOSE?

17 MARRAM CLOSE is located in BEANHILL, in the MK6 postcode district. The below map shows the position of No. 17 on MARRAM CLOSE.