15, CRANWELL CLOSE, SHENLEY BROOK END, MILTON KEYNES, MK5 7BU - £540,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 CRANWELL CLOSE is a small detached house of 100m², built sometime between 1996 and 2002. It was last sold for £540,000 in October 2022, which was around 3% above the average October 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

15 CRANWELL CLOSE Sold Prices

Land registry data shows five sales for 15 CRANWELL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 15 CRANWELL 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 20 OCT	£540,000	£522,914	3% above HPI
2017 15 DEC	£460,000	£442,444	4% above HPI
2015 7 APR	£360,000	£351,345	2% above HPI
2002 28 JUN	£199,950	£186,552	7% above HPI
1998 4 MAR	£119,000	£101,125	18% above HPI

15 CRANWELL 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 five 15 CRANWELL CLOSE sales between March 1998 and October 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 December 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 15 CRANWELL CLOSE?

15 CRANWELL CLOSE is 100m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 15 CRANWELL CLOSE lies on this distribution: 29% of detached houses are smaller than 15 CRANWELL CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

15 CRANWELL CLOSE: Plot and Title Map

15 CRANWELL CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 15 CRANWELL 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 15 CRANWELL 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 15 CRANWELL CLOSE?

15 CRANWELL CLOSE is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 15 on CRANWELL CLOSE.