13, WILLIAM SMITH CLOSE, WOOLSTONE, MILTON KEYNES, MK15 0AN - £380,000

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.

13 WILLIAM SMITH CLOSE is a very small detached house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £464,457. It was last sold for £380,000 in September 2020, which was around 18% below the average September 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

13 WILLIAM SMITH CLOSE Sold Prices

Land registry data shows two sales for 13 WILLIAM SMITH 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 13 WILLIAM SMITH 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
2020 24 SEP	£380,000	£462,607	18% below HPI
2008 26 SEP	£200,000	£287,536	30% below HPI

13 WILLIAM SMITH 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 13 WILLIAM SMITH CLOSE sales from September 2008 and September 2020 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 September 2008 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 13 WILLIAM SMITH CLOSE be worth now?

13 WILLIAM SMITH CLOSE might now be worth an estimated £464,457.

This is based on house price inflation of 22.2%, between September 2020 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 22.2% inflationary increase is applied to the most recent sale price for 13 WILLIAM SMITH CLOSE of £380,000 on 24th September 2020. For the value to have increased from £380,000 to £464,457 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 13 WILLIAM SMITH CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The September 2020 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 13 WILLIAM SMITH CLOSE has not materially changed since September 2020.

How Large is 13 WILLIAM SMITH CLOSE?

13 WILLIAM SMITH CLOSE is 90m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% 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 13 WILLIAM SMITH CLOSE lies on this distribution: 19% of detached houses houses are smaller than 13 WILLIAM SMITH CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

13 WILLIAM SMITH CLOSE: Plot and Title Map

13 WILLIAM SMITH CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 13 WILLIAM SMITH 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 13 WILLIAM SMITH 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 13 WILLIAM SMITH CLOSE?

13 WILLIAM SMITH CLOSE is located in WOOLSTONE, in the MK15 postcode district. The below map shows the position of No. 13 on WILLIAM SMITH CLOSE.