18, WILLIAM SMITH CLOSE, WOOLSTONE, MILTON KEYNES, MK15 0AW - £343,500

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 WILLIAM SMITH CLOSE is a very small extended semi-detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £420,221. It was last sold for £343,500 in June 2021, which was around 25% above the average June 2021 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

18 WILLIAM SMITH CLOSE Sold Prices

Land registry data shows three sales for 18 WILLIAM SMITH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 18 WILLIAM SMITH 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
2021 29 JUN	£343,500	£275,265	25% above HPI
2002 16 AUG	£166,000	£111,805	48% above HPI
1998 22 OCT	£92,000	£60,324	53% above HPI

18 WILLIAM SMITH 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 three 18 WILLIAM SMITH CLOSE sales between October 1998 and June 2021 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 2002 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the June 2021 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 18 WILLIAM SMITH CLOSE be worth now?

18 WILLIAM SMITH CLOSE might now be worth an estimated £420,221.

This is based on house price inflation of 22.3%, between June 2021 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 22.3% inflationary increase is applied to the most recent sale price for 18 WILLIAM SMITH CLOSE of £343,500 on 29th June 2021. For the value to have increased from £343,500 to £420,221 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 18 WILLIAM SMITH CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The June 2021 sale price of £343,500 represented a fair market value for the property.
• The size, condition, and specification of 18 WILLIAM SMITH CLOSE has not materially changed since June 2021.

How Large is 18 WILLIAM SMITH CLOSE?

18 WILLIAM SMITH CLOSE is 84m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% 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 WILLIAM SMITH CLOSE lies on this distribution: 14% of semi-detached houses houses are smaller than 18 WILLIAM SMITH CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

18 WILLIAM SMITH CLOSE: Plot and Title Map

18 WILLIAM SMITH CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 18 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 18 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 18 WILLIAM SMITH CLOSE?

18 WILLIAM SMITH CLOSE is located in WOOLSTONE, in the MK15 postcode district. The below map shows the position of No. 18 on WILLIAM SMITH CLOSE.