7, CHANNORY CLOSE, TATTENHOE, MILTON KEYNES, MK4 3EG - £455,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 CHANNORY CLOSE is a very small detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £478,701. It was last sold for £455,000 in July 2022, which was around 13% below the average July 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

7 CHANNORY CLOSE Sold Prices

Land registry data shows five sales for 7 CHANNORY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 7 CHANNORY 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 22 JUL	£455,000	£521,759	13% below HPI
2013 25 OCT	£250,000	£305,813	18% below HPI
2008 11 JUL	£243,000	£302,762	20% below HPI
2005 3 AUG	£215,000	£259,008	17% below HPI
2001 31 MAY	£136,500	£157,773	13% below HPI

7 CHANNORY 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 five 7 CHANNORY CLOSE sales between May 2001 and July 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 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 7 CHANNORY CLOSE be worth now?

7 CHANNORY CLOSE might now be worth an estimated £478,701.

This is based on house price inflation of 5.2%, between July 2022 and March 2026, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.2% inflationary increase is applied to the most recent sale price for 7 CHANNORY CLOSE of £455,000 on 22nd July 2022. For the value to have increased from £455,000 to £478,701 over the four years and four months to March 2026, the following assumptions must hold true:

• The value of 7 CHANNORY CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The July 2022 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHANNORY CLOSE has not materially changed since July 2022.

How Large is 7 CHANNORY CLOSE?

7 CHANNORY CLOSE is 78m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 7 CHANNORY CLOSE lies on this distribution: 10% of detached houses houses are smaller than 7 CHANNORY CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 CHANNORY CLOSE: Plot and Title Map

7 CHANNORY CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 7 CHANNORY 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 7 CHANNORY 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 7 CHANNORY CLOSE?

7 CHANNORY CLOSE is located in TATTENHOE, in the MK4 postcode district. The below map shows the position of No. 7 on CHANNORY CLOSE.