39, SMEATON CLOSE, BLAKELANDS, MILTON KEYNES, MK14 5HQ - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

39 SMEATON CLOSE is a small detached house of 92m², built sometime between 1983 and 1990. It was last sold for £225,000 in May 2007, which was around 21% below the average May 2007 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

39 SMEATON CLOSE Sold Prices

Land registry data shows three sales for 39 SMEATON 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. All of the three 39 SMEATON 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
2007 25 MAY	£225,000	£284,393	21% below HPI
2001 20 APR	£124,000	£149,708	17% below HPI
1995 31 MAR	£79,950	£81,992	2% below HPI

39 SMEATON 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 39 SMEATON CLOSE sales between March 1995 and May 2007 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 April 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2007 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 39 SMEATON CLOSE?

39 SMEATON CLOSE is 92m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 39 SMEATON CLOSE lies on this distribution: 21% of detached houses are smaller than 39 SMEATON CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

39 SMEATON CLOSE: Plot and Title Map

39 SMEATON CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 39 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 39 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 39 SMEATON CLOSE?

39 SMEATON CLOSE is located in BLAKELANDS, in the MK14 postcode district. The below map shows the position of No. 39 on SMEATON CLOSE.