38, COBERLEY CLOSE, DOWNHEAD PARK, MILTON KEYNES, MK15 9BJ - £344,500

38 COBERLEY CLOSE is a very small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £344,500 in July 2020, which was around 20% below the average July 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

38 COBERLEY CLOSE Sold Prices

Land registry data shows three sales for 38 COBERLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 38 COBERLEY 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
2020 31 JUL	£344,500	£430,728	20% below HPI
2007 25 MAY	£247,000	£284,393	13% below HPI
1998 5 JUN	£93,000	£104,860	11% below HPI

38 COBERLEY 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 three 38 COBERLEY CLOSE sales between June 1998 and July 2020 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 May 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 38 COBERLEY CLOSE?

38 COBERLEY CLOSE is 87m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 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 38 COBERLEY CLOSE lies on this distribution: 17% of detached houses are smaller than 38 COBERLEY CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

38 COBERLEY CLOSE: Plot and Title Map

38 COBERLEY CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 38 COBERLEY 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 38 COBERLEY 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 38 COBERLEY CLOSE?

38 COBERLEY CLOSE is located in DOWNHEAD PARK, in the MK15 postcode district. The below map shows the position of No. 38 on COBERLEY CLOSE.