1, KRYPTON CLOSE, SHENLEY LODGE, MILTON KEYNES, MK5 7AU - £675,000

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.

1 KRYPTON CLOSE is a large detached house of 155m², built sometime between 1983 and 1990, which could now be worth an estimated £755,008. It was last sold for £675,000 in February 2022, which was around 34% above the average February 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

1 KRYPTON CLOSE Sold Prices

Land registry data shows three sales for 1 KRYPTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 1 KRYPTON CLOSE sales were 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
2022 10 FEB	£675,000	£505,506	34% above HPI
2000 30 JUN	£190,000	£143,135	33% above HPI
1996 15 JAN	£123,000	£86,202	43% above HPI

1 KRYPTON 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 three 1 KRYPTON CLOSE sales between January 1996 and February 2022 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 June 2000 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the February 2022 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 1 KRYPTON CLOSE be worth now?

1 KRYPTON CLOSE might now be worth an estimated £755,008.

This is based on house price inflation of 11.9%, between February 2022 and February 2025, for detached 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 11.9% inflationary increase is applied to the most recent sale price for 1 KRYPTON CLOSE of £675,000 on 10th February 2022. For the value to have increased from £675,000 to £755,008 over the three years to February 2025, the following assumptions must hold true:

• The value of 1 KRYPTON CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The February 2022 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 1 KRYPTON CLOSE has not materially changed since February 2022.

How Large is 1 KRYPTON CLOSE?

1 KRYPTON CLOSE is 155m² according to the EPC inspection conducted in January 2020. This puts it in the largest 30% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 1 KRYPTON CLOSE lies on this distribution: 76% of detached houses houses are smaller than 1 KRYPTON CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 KRYPTON CLOSE: Plot and Title Map

1 KRYPTON CLOSE sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of 1 KRYPTON 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 1 KRYPTON 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 1 KRYPTON CLOSE?

1 KRYPTON CLOSE is located in SHENLEY LODGE, in the MK5 postcode district. The below map shows the position of No. 1 on KRYPTON CLOSE.