15, BABINGTON CLOSE, MIDDLETON, MILTON KEYNES, MK10 9HE - £298,000

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.

15 BABINGTON CLOSE is a very small terraced house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £325,874. It was last sold for £298,000 in March 2022, which was around 20% above the average March 2022 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

15 BABINGTON CLOSE Sold Prices

Land registry data shows three sales for 15 BABINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the three 15 BABINGTON CLOSE sales were for above 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
2022 25 MAR	£298,000	£247,584	20% above HPI
2014 28 MAR	£165,000	£155,358	6% above HPI
2001 27 JUL	£109,995	£71,957	53% above HPI

15 BABINGTON CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 15 BABINGTON CLOSE sales between July 2001 and March 2022 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 2014 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2022 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 15 BABINGTON CLOSE be worth now?

15 BABINGTON CLOSE might now be worth an estimated £325,874.

This is based on house price inflation of 9.4%, between March 2022 and March 2026, for terraced 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 9.4% inflationary increase is applied to the most recent sale price for 15 BABINGTON CLOSE of £298,000 on 25th March 2022. For the value to have increased from £298,000 to £325,874 over the four years to March 2026, the following assumptions must hold true:

• The value of 15 BABINGTON CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The March 2022 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BABINGTON CLOSE has not materially changed since March 2022.

How Large is 15 BABINGTON CLOSE?

15 BABINGTON CLOSE is 74m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% of terraced houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Milton Keynes, and where 15 BABINGTON CLOSE lies on this distribution: 7% of terraced houses houses are smaller than 15 BABINGTON CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

15 BABINGTON CLOSE: Plot and Title Map

15 BABINGTON CLOSE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 15 BABINGTON 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 15 BABINGTON 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 15 BABINGTON CLOSE?

15 BABINGTON CLOSE is located in MIDDLETON, in the MK10 postcode district. The below map shows the position of No. 15 on BABINGTON CLOSE.