5, SCHUMANN CLOSE, BROWNS WOOD, MILTON KEYNES, MK7 8DL - £428,000

5 SCHUMANN CLOSE is a small detached house of 95m², built sometime between 1983 and 1990. It was last sold for £428,000 in July 2017, which was about the average July 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

5 SCHUMANN CLOSE Sold Prices

Land registry data shows two sales for 5 SCHUMANN 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. One of the two 5 SCHUMANN CLOSE sales was roughly equal to the average price, whilst the other was 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
2017 25 JUL	£428,000	£426,115	Close to HPI
2013 13 JUN	£275,000	£290,128	5% below HPI

5 SCHUMANN 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 5 SCHUMANN CLOSE sales from June 2013 and July 2017 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 June 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 5 SCHUMANN CLOSE?

5 SCHUMANN CLOSE is 95m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% 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 5 SCHUMANN CLOSE lies on this distribution: 25% of detached houses are smaller than 5 SCHUMANN CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 SCHUMANN CLOSE: Plot and Title Map

5 SCHUMANN CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 5 SCHUMANN 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 5 SCHUMANN 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 5 SCHUMANN CLOSE?

5 SCHUMANN CLOSE is located in BROWNS WOOD, in the MK7 postcode district. The below map shows the position of No. 5 on SCHUMANN CLOSE.