Chelsea House, 16, 599 Witan Gate, Milton Keynes, MK9 2BU

Chelsea House is a two-bedroom end-of-terrace house in Milton Keynes (MK9 2BU). It has a recorded floor area of 65 m² (around 700 sq ft), construction records dating it to 2003-2006 and council tax band C. The latest certificate (April 2013) returns a B (score 82), comfortably above the UK average. Main heating runs on electricity. The latest certificate is from April 2013, so improvements made since then won't be reflected. At 65 m² this is the 33rd smallest of 48 units on EPC record in Chelsea House, where floor areas span 43–85 m². The building's EPC ratings span C to B, with this unit at the top.

It hasn't traded since November 2007, a hold of 19 years that's notably long for the area. That sale landed at the peak of the pre-credit-crunch market, which is a useful reference point when interpreting the price. At 65 m² the property is well over the postcode median (50 m² across 47 EPCs), placing it in the larger end of the local stock. Across 2007–2007, sale prices on this property compounded at -32% per year. Today's modelled estimate of £178,000 sits 78% above the 2007 sale of £100,000. On a £-per-square-foot basis, the last sale (£143/sq ft) was about 35.9% below the postcode norm.