6, MARTIN CLOSE, NEATH HILL, MILTON KEYNES, MK14 6JG - £235,000

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.

6 MARTIN CLOSE is a very small semi-detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £297,038. It was last sold for £235,000 in December 2020, which was around 12% below the average December 2020 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

6 MARTIN CLOSE Sold Prices

Land registry data shows two sales for 6 MARTIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 6 MARTIN 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
2020 11 DEC	£235,000	£266,415	12% below HPI
2012 28 SEP	£155,000	£174,170	11% below HPI

6 MARTIN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 6 MARTIN CLOSE sales from September 2012 and December 2020 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 September 2012 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 6 MARTIN CLOSE be worth now?

6 MARTIN CLOSE might now be worth an estimated £297,038.

This is based on house price inflation of 26.4%, between December 2020 and February 2025, for semi-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 26.4% inflationary increase is applied to the most recent sale price for 6 MARTIN CLOSE of £235,000 on 11th December 2020. For the value to have increased from £235,000 to £297,038 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 6 MARTIN CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The December 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MARTIN CLOSE has not materially changed since December 2020.

How Large is 6 MARTIN CLOSE?

6 MARTIN CLOSE is 72m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 6 MARTIN CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 6 MARTIN CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

6 MARTIN CLOSE: Plot and Title Map

6 MARTIN CLOSE sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 6 MARTIN 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 6 MARTIN 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 6 MARTIN CLOSE?

6 MARTIN CLOSE is located in NEATH HILL, in the MK14 postcode district. The below map shows the position of No. 6 on MARTIN CLOSE.