28, RAVEL CLOSE, OLD FARM PARK, MILTON KEYNES, MK7 8EY - £682,500

28 RAVEL CLOSE is a very large extended detached house of 187m², built sometime between 1996 and 2002. It was last sold for £682,500 in March 2023, which was around 34% above the average March 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.

28 RAVEL CLOSE Sold Prices

Land registry data shows two sales for 28 RAVEL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 28 RAVEL 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
2023 20 MAR	£682,500	£507,880	34% above HPI
1998 24 APR	£201,950	£100,980	100% above HPI

28 RAVEL 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 two 28 RAVEL CLOSE sales from April 1998 and March 2023 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 April 1998 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the March 2023 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 28 RAVEL CLOSE?

28 RAVEL CLOSE is 187m², which includes three extensions, according to the EPC inspection conducted in December 2022. This puts it in the largest 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 28 RAVEL CLOSE lies on this distribution: 88% of detached houses are smaller than 28 RAVEL CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

28 RAVEL CLOSE: Plot and Title Map

28 RAVEL CLOSE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 28 RAVEL 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 28 RAVEL 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 28 RAVEL CLOSE?

28 RAVEL CLOSE is located in OLD FARM PARK, in the MK7 postcode district. The below map shows the position of No. 28 on RAVEL CLOSE.