5, UPPER WOOD CLOSE, SHENLEY BROOK END, MILTON KEYNES, MK5 7GH - £700,000

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.

5 UPPER WOOD CLOSE is a large detached house of 156m², built sometime between 2003 and 2006, which could now be worth an estimated £732,267. It was last sold for £700,000 in October 2022, which was around 30% above the average October 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was C.

5 UPPER WOOD CLOSE Sold Prices

Land registry data shows two sales for 5 UPPER WOOD 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 5 UPPER WOOD 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
2022 31 OCT	£700,000	£540,509	30% above HPI
2003 29 MAY	£304,950	£233,533	31% above HPI

5 UPPER WOOD 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 5 UPPER WOOD CLOSE sales from May 2003 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 May 2003 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the October 2022 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 5 UPPER WOOD CLOSE be worth now?

5 UPPER WOOD CLOSE might now be worth an estimated £732,267.

This is based on house price inflation of 4.6%, between October 2022 and February 2025, for 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 4.6% inflationary increase is applied to the most recent sale price for 5 UPPER WOOD CLOSE of £700,000 on 31st October 2022. For the value to have increased from £700,000 to £732,267 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 UPPER WOOD CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The October 2022 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 5 UPPER WOOD CLOSE has not materially changed since October 2022.

How Large is 5 UPPER WOOD CLOSE?

5 UPPER WOOD CLOSE is 156m² according to the EPC inspection conducted in June 2022. This puts it in the largest 30% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 5 UPPER WOOD CLOSE lies on this distribution: 76% of detached houses houses are smaller than 5 UPPER WOOD CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 UPPER WOOD CLOSE: Plot and Title Map

5 UPPER WOOD CLOSE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 5 UPPER WOOD 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 5 UPPER WOOD 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 5 UPPER WOOD CLOSE?

5 UPPER WOOD CLOSE is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 5 on UPPER WOOD CLOSE.