5, VILLAGE CLOSE, SHERINGTON, NEWPORT PAGNELL, MK16 9PZ - £570,000

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 VILLAGE CLOSE is a large extended detached house of 164m², built sometime between 1983 and 1990, which could now be worth an estimated £694,106. It was last sold for £570,000 in January 2021, which was around 23% above the average January 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

5 VILLAGE CLOSE Sold Prices

Land registry data shows two sales for 5 VILLAGE 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 VILLAGE 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
2021 8 JAN	£570,000	£464,326	23% above HPI
2010 19 FEB	£305,000	£270,962	13% above HPI

5 VILLAGE 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 VILLAGE CLOSE sales from February 2010 and January 2021 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 February 2010 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 5 VILLAGE CLOSE be worth now?

5 VILLAGE CLOSE might now be worth an estimated £694,106.

This is based on house price inflation of 21.8%, between January 2021 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 21.8% inflationary increase is applied to the most recent sale price for 5 VILLAGE CLOSE of £570,000 on 8th January 2021. For the value to have increased from £570,000 to £694,106 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 VILLAGE CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The January 2021 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 5 VILLAGE CLOSE has not materially changed since January 2021.

How Large is 5 VILLAGE CLOSE?

5 VILLAGE CLOSE is 164m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 40% of detached houses houses in Sherington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sherington, and where 5 VILLAGE CLOSE lies on this distribution: 65% of detached houses houses are smaller than 5 VILLAGE CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Sherington.

5 VILLAGE CLOSE: Plot and Title Map

5 VILLAGE CLOSE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 5 VILLAGE 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 VILLAGE 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 VILLAGE CLOSE?

5 VILLAGE CLOSE is located in SHERINGTON, in the MK16 postcode district. The below map shows the position of No. 5 on VILLAGE CLOSE.