1, LAUREL CLOSE, CROWNHILL, MILTON KEYNES, MK8 0DR - £315,000

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 LAUREL CLOSE is a very small detached house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £312,728. It was last sold for £315,000 in October 2024, which was around 42% below the average October 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

1 LAUREL CLOSE Sold Prices

Land registry data shows three sales for 1 LAUREL 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 LAUREL 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 11 OCT	£315,000	£544,622	42% below HPI
2018 31 JAN	£135,000	£450,310	70% below HPI
2002 13 DEC	£70,000	£224,260	69% below HPI

1 LAUREL 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 LAUREL CLOSE sales between December 2002 and October 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 January 2018 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the October 2024 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 1 LAUREL CLOSE be worth now?

1 LAUREL CLOSE might now be worth an estimated £312,728.

This is based on house price deflation of 0.7%, between October 2024 and April 2026, 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 0.7% deflationary decrease is applied to the most recent sale price for 1 LAUREL CLOSE of £315,000 on 11th October 2024. For the value to have decreased from £315,000 to £312,728 over the two years and six months to April 2026, the following assumptions must hold true:

• The value of 1 LAUREL CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The October 2024 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LAUREL CLOSE has not materially changed since October 2024.

How Large is 1 LAUREL CLOSE?

1 LAUREL CLOSE is 63m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% 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 LAUREL CLOSE lies on this distribution: 3% of detached houses houses are smaller than 1 LAUREL CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 LAUREL CLOSE: Plot and Title Map

1 LAUREL CLOSE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 1 LAUREL 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 LAUREL 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 LAUREL CLOSE?

1 LAUREL CLOSE is located in CROWNHILL, in the MK8 postcode district. The below map shows the position of No. 1 on LAUREL CLOSE.