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

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.

55 SMEATON CLOSE is a small detached house of 113m², built sometime between 1976 and 1982, which could now be worth an estimated £441,968. It was last sold for £240,000 in April 2008, which was around 22% 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	£307,040	22% below HPI
2001 13 JUN	£131,000	£160,101	18% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2008 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 55 SMEATON CLOSE be worth now?

55 SMEATON CLOSE might now be worth an estimated £441,968.

This is based on house price inflation of 84.2%, between April 2008 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 84.2% inflationary increase is applied to the most recent sale price for 55 SMEATON CLOSE of £240,000 on 7th April 2008. For the value to have increased from £240,000 to £441,968 over the seventeen years and two months to February 2025, the following assumptions must hold true:

• The value of 55 SMEATON CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The April 2008 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 55 SMEATON CLOSE has not materially changed since April 2008.

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 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 55 SMEATON CLOSE lies on this distribution: 40% of detached houses 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.