15, CRANWELL CLOSE, SHENLEY BROOK END, MILTON KEYNES, MK5 7BU - £540,000

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 CRANWELL CLOSE is a small detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £578,789. It was last sold for £540,000 in October 2022, which was about the average October 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

15 CRANWELL CLOSE Sold Prices

Land registry data shows five sales for 15 CRANWELL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. The five 15 CRANWELL CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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
2022 20 OCT	£540,000	£540,509	Close to HPI
2017 15 DEC	£460,000	£457,331	1% above HPI
2015 7 APR	£360,000	£363,167	1% below HPI
2002 28 JUN	£199,950	£192,829	4% above HPI
1998 4 MAR	£119,000	£104,528	14% above HPI

15 CRANWELL 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 five 15 CRANWELL CLOSE sales between March 1998 and October 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 December 2017 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 15 CRANWELL CLOSE be worth now?

15 CRANWELL CLOSE might now be worth an estimated £578,789.

This is based on house price inflation of 7.2%, between October 2022 and March 2025, 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 7.2% inflationary increase is applied to the most recent sale price for 15 CRANWELL CLOSE of £540,000 on 20th October 2022. For the value to have increased from £540,000 to £578,789 over the three years and seven months to March 2025, the following assumptions must hold true:

• The value of 15 CRANWELL CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The October 2022 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CRANWELL CLOSE has not materially changed since October 2022.

How Large is 15 CRANWELL CLOSE?

15 CRANWELL CLOSE is 100m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% 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 15 CRANWELL CLOSE lies on this distribution: 28% of detached houses houses are smaller than 15 CRANWELL CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

15 CRANWELL CLOSE: Plot and Title Map

15 CRANWELL CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 15 CRANWELL 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 CRANWELL 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 CRANWELL CLOSE?

15 CRANWELL CLOSE is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 15 on CRANWELL CLOSE.