2, THE SMITHY, DEANSHANGER, MILTON KEYNES, MK19 6GU - £415,000

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.

2 THE SMITHY is a midsized semi-detached house of 130m², built sometime between 2003 and 2006, which could now be worth an estimated £424,089. It was last sold for £415,000 in October 2022, which was around 48% above the average October 2022 semi-detached price in the West Northamptonshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was A.

2 THE SMITHY Sold Prices

Land registry data shows two sales for 2 THE SMITHY 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 West Northamptonshire local authority area for the corresponding sale date. Both of the two 2 THE SMITHY 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 7 OCT	£415,000	£279,526	48% above HPI
2006 18 DEC	£259,950	£166,722	56% above HPI

2 THE SMITHY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The two 2 THE SMITHY sales from December 2006 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 2006 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the October 2022 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 2 THE SMITHY be worth now?

2 THE SMITHY might now be worth an estimated £424,089.

This is based on house price inflation of 2.2%, between October 2022 and February 2025, for semi-detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.2% inflationary increase is applied to the most recent sale price for 2 THE SMITHY of £415,000 on 7th October 2022. For the value to have increased from £415,000 to £424,089 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 THE SMITHY has moved in line with the HPI for semi-detached houses in the West Northamptonshire local authority area.
• The October 2022 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE SMITHY has not materially changed since October 2022.

How Large is 2 THE SMITHY?

2 THE SMITHY is 130m² according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of semi-detached houses houses in Deanshanger, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Deanshanger, and where 2 THE SMITHY lies on this distribution: 53% of semi-detached houses houses are smaller than 2 THE SMITHY, and 46% of houses are larger. Note that EPC data is not available for all properties in Deanshanger.

2 THE SMITHY: Plot and Title Map

2 THE SMITHY sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 2 THE SMITHY, 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 2 THE SMITHY). 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 2 THE SMITHY?

2 THE SMITHY is located in DEANSHANGER, in the MK19 postcode district. The below map shows the position of No. 2 on THE SMITHY.