11, AKERMAN CLOSE, GREENLEYS, MILTON KEYNES, MK12 6AA - £227,500

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.

11 AKERMAN CLOSE is a very small semi-detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £276,374. It was last sold for £227,500 in November 2017, which was around 14% below the average November 2017 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

11 AKERMAN CLOSE Sold Prices

Land registry data shows two sales for 11 AKERMAN 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 11 AKERMAN 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
2017 23 NOV	£227,500	£264,639	14% below HPI
2012 23 MAR	£125,000	£167,187	25% below HPI

11 AKERMAN 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 11 AKERMAN CLOSE sales from March 2012 and November 2017 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 March 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 11 AKERMAN CLOSE be worth now?

11 AKERMAN CLOSE might now be worth an estimated £276,374.

This is based on house price inflation of 21.5%, between November 2017 and April 2026, 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 21.5% inflationary increase is applied to the most recent sale price for 11 AKERMAN CLOSE of £227,500 on 23rd November 2017. For the value to have increased from £227,500 to £276,374 over the nine years and seven months to April 2026, the following assumptions must hold true:

• The value of 11 AKERMAN CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The November 2017 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 11 AKERMAN CLOSE has not materially changed since November 2017.

How Large is 11 AKERMAN CLOSE?

11 AKERMAN CLOSE is 72m² according to the EPC inspection conducted in May 2011. 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 11 AKERMAN CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 11 AKERMAN CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

11 AKERMAN CLOSE: Plot and Title Map

11 AKERMAN CLOSE sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 11 AKERMAN 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 11 AKERMAN 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 11 AKERMAN CLOSE?

11 AKERMAN CLOSE is located in GREENLEYS, in the MK12 postcode district. The below map shows the position of No. 11 on AKERMAN CLOSE.