58, SMEATON CLOSE, BLAKELANDS, MILTON KEYNES, MK14 5HR - £370,000

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

58 SMEATON CLOSE is a very small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £370,000 in May 2024, which was around 29% below the average May 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

58 SMEATON CLOSE Sold Prices

Land registry data shows two sales for 58 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 58 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
2024 8 MAY	£370,000	£521,241	29% below HPI
2004 10 MAY	£163,000	£240,853	32% below HPI

58 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 58 SMEATON CLOSE sales from May 2004 and May 2024 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 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2024 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 58 SMEATON CLOSE?

58 SMEATON CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% 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 58 SMEATON CLOSE lies on this distribution: 14% of detached houses are smaller than 58 SMEATON CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

58 SMEATON CLOSE: Plot and Title Map

58 SMEATON CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 58 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 58 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 58 SMEATON CLOSE?

58 SMEATON CLOSE is located in BLAKELANDS, in the MK14 postcode district. The below map shows the position of No. 58 on SMEATON CLOSE.