4, BOWEN CLOSE, BROWNS WOOD, MILTON KEYNES, MK7 8DR - £275,000

4 BOWEN CLOSE is a very small extended detached house of 71m², built sometime between 1991 and 1995. It was last sold for £275,000 in July 2015, which was around 24% below the average July 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

4 BOWEN CLOSE Sold Prices

Land registry data shows three sales for 4 BOWEN 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 4 BOWEN 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
2015 31 JUL	£275,000	£360,200	24% below HPI
2011 8 SEP	£227,000	£280,607	19% below HPI
2004 18 FEB	£192,000	£236,443	19% below HPI

4 BOWEN 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 4 BOWEN CLOSE sales between February 2004 and July 2015 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 September 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 4 BOWEN CLOSE?

4 BOWEN CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in July 2023. 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 4 BOWEN CLOSE lies on this distribution: 6% of detached houses are smaller than 4 BOWEN CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

4 BOWEN CLOSE: Plot and Title Map

4 BOWEN CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 4 BOWEN 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 4 BOWEN 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 4 BOWEN CLOSE?

4 BOWEN CLOSE is located in BROWNS WOOD, in the MK7 postcode district. The below map shows the position of No. 4 on BOWEN CLOSE.