12, LAUREL CLOSE, CROWNHILL, MILTON KEYNES, MK8 0DR - £120,000

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.

12 LAUREL CLOSE is a small semi-detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £157,636. It was last sold for £120,000 in January 2017, which was around 52% below the average January 2017 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

12 LAUREL CLOSE Sold Prices

Land registry data shows one sale for 12 LAUREL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 6 JAN	£120,000	£250,425	52% below HPI

What might 12 LAUREL CLOSE be worth now?

12 LAUREL CLOSE might now be worth an estimated £157,636.

This is based on house price inflation of 31.4%, between January 2017 and May 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 31.4% inflationary increase is applied to the most recent sale price for 12 LAUREL CLOSE of £120,000 on 6th January 2017. For the value to have increased from £120,000 to £157,636 over the eight years and eight months to May 2026, the following assumptions must hold true:

• The value of 12 LAUREL CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The January 2017 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LAUREL CLOSE has not materially changed since January 2017.

How Large is 12 LAUREL CLOSE?

12 LAUREL CLOSE is 65m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% of semi-detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Milton Keynes, and where 12 LAUREL CLOSE lies on this distribution: 23% of semi-detached houses are smaller than 12 LAUREL CLOSE, and 76% of semi-detached houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

12 LAUREL CLOSE: Plot

12 LAUREL CLOSE sits on a plot of roughly 0.030 of an acre, or 122m².

Where is 12 LAUREL CLOSE?

12 LAUREL CLOSE is located in CROWNHILL, in the MK8 postcode district.