12, GROUNDSEL CLOSE, WALNUT TREE, MILTON KEYNES, MK7 7NT - £162,500

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.

12 GROUNDSEL CLOSE is a very small terraced house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £214,685. It was last sold for £162,500 in February 2017, which was around 22% below the average February 2017 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

12 GROUNDSEL CLOSE Sold Prices

Land registry data shows one sale for 12 GROUNDSEL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 17 FEB	£162,500	£209,491	22% below HPI

What might 12 GROUNDSEL CLOSE be worth now?

12 GROUNDSEL CLOSE might now be worth an estimated £214,685.

This is based on house price inflation of 32.1%, between February 2017 and July 2026, for terraced 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 32.1% inflationary increase is applied to the most recent sale price for 12 GROUNDSEL CLOSE of £162,500 on 17th February 2017. For the value to have increased from £162,500 to £214,685 over the eight years and seven months to July 2026, the following assumptions must hold true:

• The value of 12 GROUNDSEL CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The February 2017 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 12 GROUNDSEL CLOSE has not materially changed since February 2017.

How Large is 12 GROUNDSEL CLOSE?

12 GROUNDSEL CLOSE is 54m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of terraced houses in Milton Keynes, based on EPC data. The below chart shows the distribution of terraced houses by size in Milton Keynes, and where 12 GROUNDSEL CLOSE lies on this distribution: 12% of terraced houses are smaller than 12 GROUNDSEL CLOSE, and 87% of terraced houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

12 GROUNDSEL CLOSE: Plot

12 GROUNDSEL CLOSE sits on a plot of roughly 0.008 of an acre, or 34m².

Where is 12 GROUNDSEL CLOSE?

12 GROUNDSEL CLOSE is located in WALNUT TREE, in the MK7 postcode district.