7, HEVER CLOSE, KINGSMEAD, MILTON KEYNES, MK4 4NH - £385,000

7 HEVER CLOSE is a very small detached house of 89m². It was last sold for £385,000 in February 2019, which was around 10% below the average February 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2019, where the current energy rating was B, and the potential energy rating was A.

7 HEVER CLOSE Sold Prices

Land registry data shows two sales for 7 HEVER 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 7 HEVER CLOSE sales was for below the average price, whilst the other was for above 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
2019 1 FEB	£385,000	£426,303	10% below HPI
2018 13 APR	£12,179,306	£440,402	2665% above HPI

7 HEVER 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 7 HEVER CLOSE sales from April 2018 and February 2019 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 April 2018 sale was for 2665% above the HPI. So the extrapolation line tracks at 2665% above the HPI over time, until the February 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 7 HEVER CLOSE?

7 HEVER CLOSE is 89m² according to the EPC inspection conducted in January 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 7 HEVER CLOSE lies on this distribution: 19% of detached houses are smaller than 7 HEVER CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 HEVER CLOSE: Plot and Title Map

7 HEVER CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 7 HEVER 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 HEVER 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 HEVER CLOSE?

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