16, WILLIAM SMITH CLOSE, WOOLSTONE, MILTON KEYNES, MK15 0AW - £350,000

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.

16 WILLIAM SMITH CLOSE is a very small extended terraced house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £362,849. It was last sold for £350,000 in June 2024, which was around 37% above the average June 2024 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

16 WILLIAM SMITH CLOSE Sold Prices

Land registry data shows three sales for 16 WILLIAM SMITH 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 16 WILLIAM SMITH 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
2024 21 JUN	£350,000	£255,942	37% above HPI
2000 20 APR	£77,000	£61,425	25% above HPI
1995 21 APR	£48,000	£39,158	23% above HPI

16 WILLIAM SMITH 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 16 WILLIAM SMITH CLOSE sales between April 1995 and June 2024 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 April 2000 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2024 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 16 WILLIAM SMITH CLOSE be worth now?

16 WILLIAM SMITH CLOSE might now be worth an estimated £362,849.

This is based on house price inflation of 3.7%, between June 2024 and April 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 3.7% inflationary increase is applied to the most recent sale price for 16 WILLIAM SMITH CLOSE of £350,000 on 21st June 2024. For the value to have increased from £350,000 to £362,849 over the two years and two months to April 2026, the following assumptions must hold true:

• The value of 16 WILLIAM SMITH CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The June 2024 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 16 WILLIAM SMITH CLOSE has not materially changed since June 2024.

How Large is 16 WILLIAM SMITH CLOSE?

16 WILLIAM SMITH CLOSE is 90m², which includes four extensions, according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% 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 16 WILLIAM SMITH CLOSE lies on this distribution: 19% of terraced houses houses are smaller than 16 WILLIAM SMITH CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 WILLIAM SMITH CLOSE: Plot and Title Map

16 WILLIAM SMITH CLOSE sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 16 WILLIAM SMITH 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 16 WILLIAM SMITH 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 16 WILLIAM SMITH CLOSE?

16 WILLIAM SMITH CLOSE is located in WOOLSTONE, in the MK15 postcode district. The below map shows the position of No. 16 on WILLIAM SMITH CLOSE.