24, MARRAM CLOSE, BEANHILL, MILTON KEYNES, MK6 4LS - £160,000

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.

24 MARRAM CLOSE is a very small terraced house of 49m², built sometime between 1976 and 1982, which could now be worth an estimated £202,885. It was last sold for £160,000 in March 2019, which was around 24% below the average March 2019 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

24 MARRAM CLOSE Sold Prices

Land registry data shows four sales for 24 MARRAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the four 24 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
2019 1 MAR	£160,000	£209,252	24% below HPI
2007 13 AUG	£124,995	£154,401	19% below HPI
2004 24 JUN	£105,000	£121,414	14% below HPI
2001 5 APR	£52,995	£67,069	21% below HPI

24 MARRAM 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 four 24 MARRAM CLOSE sales between April 2001 and March 2019 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 August 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 24 MARRAM CLOSE be worth now?

24 MARRAM CLOSE might now be worth an estimated £202,885.

This is based on house price inflation of 26.8%, between March 2019 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 26.8% inflationary increase is applied to the most recent sale price for 24 MARRAM CLOSE of £160,000 on 1st March 2019. For the value to have increased from £160,000 to £202,885 over the six years and eleven months to April 2026, the following assumptions must hold true:

• The value of 24 MARRAM CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The March 2019 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MARRAM CLOSE has not materially changed since March 2019.

How Large is 24 MARRAM CLOSE?

24 MARRAM CLOSE is 49m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% 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 24 MARRAM CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 24 MARRAM CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

24 MARRAM CLOSE: Plot and Title Map

24 MARRAM CLOSE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 24 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 24 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 24 MARRAM CLOSE?

24 MARRAM CLOSE is located in BEANHILL, in the MK6 postcode district. The below map shows the position of No. 24 on MARRAM CLOSE.