55, SMEATON CLOSE, BLAKELANDS, MILTON KEYNES, MK14 5HQ - £240,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

55 SMEATON CLOSE is a small detached house of 113m², built sometime between 1976 and 1982. It was last sold for £240,000 in April 2008, which was around 19% below the average April 2008 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

55 SMEATON CLOSE Sold Prices

Land registry data shows two sales for 55 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 55 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
2008 7 APR	£240,000	£297,045	19% below HPI
2001 13 JUN	£131,000	£154,890	15% below HPI

55 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 55 SMEATON CLOSE sales from June 2001 and April 2008 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 June 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2008 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 55 SMEATON CLOSE?

55 SMEATON CLOSE is 113m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% 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 55 SMEATON CLOSE lies on this distribution: 40% of detached houses are smaller than 55 SMEATON CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

55 SMEATON CLOSE: Plot and Title Map

55 SMEATON CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 55 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 55 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 55 SMEATON CLOSE?

55 SMEATON CLOSE is located in BLAKELANDS, in the MK14 postcode district. The below map shows the position of No. 55 on SMEATON CLOSE.