1, LANTHORN CLOSE, NEATH HILL, MILTON KEYNES, MK14 6JF - £331,000

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.

1 LANTHORN CLOSE is a small extended detached house of 106m², built sometime between 1991 and 1995, which could now be worth an estimated £424,206. It was last sold for £331,000 in June 2019, which was around 25% below the average June 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

1 LANTHORN CLOSE Sold Prices

Land registry data shows three sales for 1 LANTHORN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 1 LANTHORN 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
2019 27 JUN	£331,000	£440,122	25% below HPI
2007 30 AUG	£224,950	£304,823	26% below HPI
1996 31 OCT	£73,000	£88,967	18% below HPI

1 LANTHORN 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 three 1 LANTHORN CLOSE sales between October 1996 and June 2019 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 August 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 1 LANTHORN CLOSE be worth now?

1 LANTHORN CLOSE might now be worth an estimated £424,206.

This is based on house price inflation of 28.2%, between June 2019 and July 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 28.2% inflationary increase is applied to the most recent sale price for 1 LANTHORN CLOSE of £331,000 on 27th June 2019. For the value to have increased from £331,000 to £424,206 over the five years and eleven months to July 2025, the following assumptions must hold true:

• The value of 1 LANTHORN CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2019 sale price of £331,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LANTHORN CLOSE has not materially changed since June 2019.

How Large is 1 LANTHORN CLOSE?

1 LANTHORN CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in May 2022. 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 1 LANTHORN CLOSE lies on this distribution: 33% of detached houses houses are smaller than 1 LANTHORN CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 LANTHORN CLOSE: Plot and Title Map

1 LANTHORN CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 1 LANTHORN 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 1 LANTHORN 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 1 LANTHORN CLOSE?

1 LANTHORN CLOSE is located in NEATH HILL, in the MK14 postcode district. The below map shows the position of No. 1 on LANTHORN CLOSE.