42, SMEATON CLOSE, BLAKELANDS, MILTON KEYNES, MK14 5HR - £470,000

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

42 SMEATON CLOSE is a midsized extended detached house of 123m², built sometime between 1983 and 1990. It was last sold for £470,000 in January 2023, which was around 11% below the average January 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

42 SMEATON CLOSE Sold Prices

Land registry data shows two sales for 42 SMEATON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 42 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
2023 6 JAN	£470,000	£526,130	11% below HPI
2015 10 JUL	£267,500	£360,200	26% below HPI

42 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 two 42 SMEATON CLOSE sales from July 2015 and January 2023 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 July 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 42 SMEATON CLOSE?

42 SMEATON CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 50% 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 42 SMEATON CLOSE lies on this distribution: 50% of detached houses are smaller than 42 SMEATON CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

42 SMEATON CLOSE: Plot and Title Map

42 SMEATON CLOSE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 42 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 42 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 42 SMEATON CLOSE?

42 SMEATON CLOSE is located in BLAKELANDS, in the MK14 postcode district. The below map shows the position of No. 42 on SMEATON CLOSE.