23, COTMAN CLOSE, GREENLEYS, MILTON KEYNES, MK12 6AF - £300,000

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.

23 COTMAN CLOSE is a small extended terraced house of 96m², built sometime between 1976 and 1982, which could now be worth an estimated £321,513. It was last sold for £300,000 in March 2022, which was around 21% above the average March 2022 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

23 COTMAN CLOSE Sold Prices

Land registry data shows three sales for 23 COTMAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the three 23 COTMAN CLOSE sales were for 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
2022 31 MAR	£300,000	£247,584	21% above HPI
2007 25 OCT	£165,000	£161,018	2% above HPI
1998 13 OCT	£57,500	£48,668	18% above HPI

23 COTMAN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 23 COTMAN CLOSE sales between October 1998 and March 2022 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 October 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 23 COTMAN CLOSE be worth now?

23 COTMAN CLOSE might now be worth an estimated £321,513.

This is based on house price inflation of 7.2%, between March 2022 and April 2026, for terraced 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 7.2% inflationary increase is applied to the most recent sale price for 23 COTMAN CLOSE of £300,000 on 31st March 2022. For the value to have increased from £300,000 to £321,513 over the three years and eleven months to April 2026, the following assumptions must hold true:

• The value of 23 COTMAN CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The March 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 23 COTMAN CLOSE has not materially changed since March 2022.

How Large is 23 COTMAN CLOSE?

23 COTMAN CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of terraced houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Milton Keynes, and where 23 COTMAN CLOSE lies on this distribution: 25% of terraced houses houses are smaller than 23 COTMAN CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

23 COTMAN CLOSE: Plot and Title Map

23 COTMAN CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 23 COTMAN 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 23 COTMAN 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 23 COTMAN CLOSE?

23 COTMAN CLOSE is located in GREENLEYS, in the MK12 postcode district. The below map shows the position of No. 23 on COTMAN CLOSE.