18, MARTINA CLOSE, FAIRFIELDS, MILTON KEYNES, MK11 4BX - £500,000

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.

18 MARTINA CLOSE is a midsized detached house of 129m², which could now be worth an estimated £548,023. It was last sold for £500,000 in June 2022, which was around 3% below the average June 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2019, where the current energy rating was A, and the potential energy rating was A.

18 MARTINA CLOSE Sold Prices

Land registry data shows three sales for 18 MARTINA 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. One of the three 18 MARTINA CLOSE sales was for below the average price, whilst two 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 21 JUN	£500,000	£515,876	3% below HPI
2019 30 AUG	£456,995	£445,989	2% above HPI
2018 29 JUN	£14,635,747	£454,878	3118% above HPI

18 MARTINA 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 18 MARTINA CLOSE sales between June 2018 and June 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 August 2019 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 18 MARTINA CLOSE be worth now?

18 MARTINA CLOSE might now be worth an estimated £548,023.

This is based on house price inflation of 9.6%, between June 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 9.6% inflationary increase is applied to the most recent sale price for 18 MARTINA CLOSE of £500,000 on 21st June 2022. For the value to have increased from £500,000 to £548,023 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 18 MARTINA CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MARTINA CLOSE has not materially changed since June 2022.

How Large is 18 MARTINA CLOSE?

18 MARTINA CLOSE is 129m² according to the EPC inspection conducted in January 2019. This puts it in the largest 50% 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 18 MARTINA CLOSE lies on this distribution: 56% of detached houses houses are smaller than 18 MARTINA CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

18 MARTINA CLOSE: Plot and Title Map

18 MARTINA CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 18 MARTINA 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 18 MARTINA 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 18 MARTINA CLOSE?

18 MARTINA CLOSE is located in FAIRFIELDS, in the MK11 postcode district. The below map shows the position of No. 18 on MARTINA CLOSE.