8, FORCHES CLOSE, EMERSON VALLEY, MILTON KEYNES, MK4 2BE - £270,000

8 FORCHES CLOSE is a midsized detached house of 118m², built sometime between 1983 and 1990. It was last sold for £270,000 in November 2014, which was around 20% below the average November 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

8 FORCHES CLOSE Sold Prices

Land registry data shows two sales for 8 FORCHES 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. Both of the two 8 FORCHES 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
2014 28 NOV	£270,000	£339,053	20% below HPI
2004 28 MAY	£215,000	£240,853	11% below HPI

8 FORCHES 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 8 FORCHES CLOSE sales from May 2004 and November 2014 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 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 8 FORCHES CLOSE?

8 FORCHES CLOSE is 118m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 50% 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 8 FORCHES CLOSE lies on this distribution: 45% of detached houses are smaller than 8 FORCHES CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 FORCHES CLOSE: Plot and Title Map

8 FORCHES CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 8 FORCHES 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 8 FORCHES 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 8 FORCHES CLOSE?

8 FORCHES CLOSE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 8 on FORCHES CLOSE.