17, UPPER WOOD CLOSE, SHENLEY BROOK END, MILTON KEYNES, MK5 7GH - £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.

17 UPPER WOOD CLOSE is a small detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £482,594. It was last sold for £380,000 in July 2020, which was around 15% below the average July 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

17 UPPER WOOD CLOSE Sold Prices

Land registry data shows five sales for 17 UPPER WOOD 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 17 UPPER WOOD 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 7 JUL	£380,000	£445,221	15% below HPI
2017 13 OCT	£370,000	£456,006	19% below HPI
2008 15 OCT	£215,000	£276,142	22% below HPI
2008 27 JUN	£240,000	£300,247	20% below HPI
2003 26 SEP	£193,950	£241,655	20% below HPI

17 UPPER WOOD 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 17 UPPER WOOD CLOSE sales between September 2003 and July 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 October 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 17 UPPER WOOD CLOSE be worth now?

17 UPPER WOOD CLOSE might now be worth an estimated £482,594.

This is based on house price inflation of 27%, between July 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 27% inflationary increase is applied to the most recent sale price for 17 UPPER WOOD CLOSE of £380,000 on 7th July 2020. For the value to have increased from £380,000 to £482,594 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 17 UPPER WOOD CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The July 2020 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 17 UPPER WOOD CLOSE has not materially changed since July 2020.

How Large is 17 UPPER WOOD CLOSE?

17 UPPER WOOD CLOSE is 92m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 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 17 UPPER WOOD CLOSE lies on this distribution: 21% of detached houses houses are smaller than 17 UPPER WOOD CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

17 UPPER WOOD CLOSE: Plot and Title Map

17 UPPER WOOD CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 17 UPPER WOOD 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 17 UPPER WOOD 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 17 UPPER WOOD CLOSE?

17 UPPER WOOD CLOSE is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 17 on UPPER WOOD CLOSE.