14, AKERMAN CLOSE, GREENLEYS, MILTON KEYNES, MK12 6AA - £175,000

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.

14 AKERMAN CLOSE is a small detached house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £267,159. It was last sold for £175,000 in December 2014, which was around 51% below the average December 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

14 AKERMAN CLOSE Sold Prices

Land registry data shows three sales for 14 AKERMAN 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 14 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
2014 23 DEC	£175,000	£354,176	51% below HPI
2002 16 MAY	£112,000	£187,387	40% below HPI
1996 29 OCT	£49,000	£88,967	45% below HPI

14 AKERMAN 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 14 AKERMAN CLOSE sales between October 1996 and December 2014 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 May 2002 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2014 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 14 AKERMAN CLOSE be worth now?

14 AKERMAN CLOSE might now be worth an estimated £267,159.

This is based on house price inflation of 52.7%, between December 2014 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 52.7% inflationary increase is applied to the most recent sale price for 14 AKERMAN CLOSE of £175,000 on 23rd December 2014. For the value to have increased from £175,000 to £267,159 over the twelve years and eight months to April 2026, the following assumptions must hold true:

• The value of 14 AKERMAN CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The December 2014 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 14 AKERMAN CLOSE has not materially changed since December 2014.

How Large is 14 AKERMAN CLOSE?

14 AKERMAN CLOSE is 113m² according to the EPC inspection conducted in August 2015. 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 14 AKERMAN CLOSE lies on this distribution: 39% of detached houses houses are smaller than 14 AKERMAN CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

14 AKERMAN CLOSE: Plot and Title Map

14 AKERMAN CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 14 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 14 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 14 AKERMAN CLOSE?

14 AKERMAN CLOSE is located in GREENLEYS, in the MK12 postcode district. The below map shows the position of No. 14 on AKERMAN CLOSE.