14 Forches Close, Emerson Valley, Milton Keynes, MK4 2BE

14 Forches Close is a two-bedroom semi-detached house in Emerson Valley, Milton Keynes, Milton Keynes (MK4 2BE). It has a recorded floor area of 54 m² (around 583 sq ft), construction records dating it to 1976-1982 and council tax band B. The latest certificate (January 2012) shows an F (score 23), near the bottom of the EPC scale. Main heating runs on to be used only when there is no heating/hot. The latest certificate is from January 2012, so improvements made since then won't be reflected.

It hasn't traded since May 2007, a hold of 19 years that's notably long for the area. Across the public record there are 4 sales, relatively high churn for a single property. That sale landed at the peak of the pre-credit-crunch market, which is a useful reference point when interpreting the price. At 54 m² it sits well below the postcode median (86 m² across 11 EPCs), making it one of the more compact homes locally. On energy efficiency it sits in the bottom 10% of properties in this postcode — significant headroom for improvement. Across 2000–2007, sale prices on this property compounded at 13.4% per year. Today's modelled estimate of £263,000 is 48.2% above the 2007 sale price. On a £-per-square-foot basis, the last sale (£305/sq ft) was about 69.6% above the typical sold price in the postcode.