3, MARWOOD CLOSE, FURZTON, MILTON KEYNES, MK4 1LP - £375,000

3 MARWOOD CLOSE is a very small semi-detached house of 72m², built sometime between 1991 and 1995. It was last sold for £375,000 in September 2022, which was around 28% below the average September 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

3 MARWOOD CLOSE Sold Prices

Land registry data shows four sales for 3 MARWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 3 MARWOOD 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
2022 30 SEP	£375,000	£524,047	28% below HPI
2015 2 OCT	£248,000	£380,182	35% below HPI
2011 24 JUN	£175,000	£267,468	35% below HPI
1997 30 JUN	£58,000	£92,782	37% below HPI

3 MARWOOD 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 four 3 MARWOOD CLOSE sales between June 1997 and September 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 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 MARWOOD CLOSE?

3 MARWOOD CLOSE is 72m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% 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 3 MARWOOD CLOSE lies on this distribution: 6% of detached houses are smaller than 3 MARWOOD CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 MARWOOD CLOSE: Plot and Title Map

3 MARWOOD CLOSE sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 3 MARWOOD 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 3 MARWOOD 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 3 MARWOOD CLOSE?

3 MARWOOD CLOSE is located in FURZTON, in the MK4 postcode district. The below map shows the position of No. 3 on MARWOOD CLOSE.