5, THE SMITHY, DEANSHANGER, MILTON KEYNES, MK19 6GU - £360,000

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

5 THE SMITHY is a small detached house of 115m², built sometime from 2007 onwards. It was last sold for £360,000 in March 2018, which was around 8% below the average March 2018 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

5 THE SMITHY Sold Prices

Land registry data shows four sales for 5 THE SMITHY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the four 5 THE SMITHY 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
2018 29 MAR	£360,000	£392,351	8% below HPI
2008 25 JUL	£243,000	£281,787	14% below HPI
2008 18 JAN	£250,000	£295,722	15% below HPI
2006 20 DEC	£263,950	£274,616	4% below HPI

5 THE SMITHY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The four 5 THE SMITHY sales between December 2006 and March 2018 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 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2018 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 5 THE SMITHY?

5 THE SMITHY is 115m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of detached houses in Deanshanger, based on EPC data. The below chart shows the distribution of detached houses by size in Deanshanger, and where 5 THE SMITHY lies on this distribution: 33% of detached houses are smaller than 5 THE SMITHY, and 67% of houses are larger. Note that EPC data is not available for all properties in Deanshanger.

5 THE SMITHY: Plot and Title Map

5 THE SMITHY sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 5 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 5 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 5 THE SMITHY?

5 THE SMITHY is located in DEANSHANGER, in the MK19 postcode district. The below map shows the position of No. 5 on THE SMITHY.