18, SMEATON CLOSE, BLAKELANDS, MILTON KEYNES, MK14 5HR - £230,000

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 SMEATON CLOSE is a very small extended semi-detached house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £368,221. It was last sold for £230,000 in May 2015, which was around 9% above the average May 2015 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

18 SMEATON CLOSE Sold Prices

Land registry data shows two sales for 18 SMEATON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. One of the two 18 SMEATON CLOSE sales was for above the average price, whilst the other was 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
2015 22 MAY	£230,000	£210,340	9% above HPI
2015 23 JAN	£188,000	£205,719	9% below HPI

18 SMEATON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 18 SMEATON CLOSE sales from January 2015 and May 2015 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 January 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2015 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 18 SMEATON CLOSE be worth now?

18 SMEATON CLOSE might now be worth an estimated £368,221.

This is based on house price inflation of 60.1%, between May 2015 and February 2025, for semi-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 60.1% inflationary increase is applied to the most recent sale price for 18 SMEATON CLOSE of £230,000 on 22nd May 2015. For the value to have increased from £230,000 to £368,221 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 18 SMEATON CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The May 2015 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SMEATON CLOSE has not materially changed since May 2015.

How Large is 18 SMEATON CLOSE?

18 SMEATON CLOSE is 60m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 18 SMEATON CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 18 SMEATON CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

18 SMEATON CLOSE: Plot and Title Map

18 SMEATON CLOSE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 18 SMEATON 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 SMEATON 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 SMEATON CLOSE?

18 SMEATON CLOSE is located in BLAKELANDS, in the MK14 postcode district. The below map shows the position of No. 18 on SMEATON CLOSE.