2, SHREWSBURY CLOSE, MONKSTON, MILTON KEYNES, MK10 9GJ - £297,000

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.

2 SHREWSBURY CLOSE is a very small terraced house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £392,983. It was last sold for £297,000 in January 2017, which was around 43% above the average January 2017 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was B.

2 SHREWSBURY CLOSE Sold Prices

Land registry data shows three sales for 2 SHREWSBURY 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 2 SHREWSBURY 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
2017 20 JAN	£297,000	£207,178	43% above HPI
2010 1 JUL	£177,500	£142,186	25% above HPI
2000 1 DEC	£98,950	£67,129	47% above HPI

2 SHREWSBURY 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 2 SHREWSBURY CLOSE sales between December 2000 and January 2017 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 July 2010 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the January 2017 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 2 SHREWSBURY CLOSE be worth now?

2 SHREWSBURY CLOSE might now be worth an estimated £392,983.

This is based on house price inflation of 32.3%, between January 2017 and July 2025, 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 32.3% inflationary increase is applied to the most recent sale price for 2 SHREWSBURY CLOSE of £297,000 on 20th January 2017. For the value to have increased from £297,000 to £392,983 over the seven years and six months to July 2025, the following assumptions must hold true:

• The value of 2 SHREWSBURY CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The January 2017 sale price of £297,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHREWSBURY CLOSE has not materially changed since January 2017.

How Large is 2 SHREWSBURY CLOSE?

2 SHREWSBURY CLOSE is 85m² according to the EPC inspection conducted in January 2010. 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 2 SHREWSBURY CLOSE lies on this distribution: 15% of terraced houses houses are smaller than 2 SHREWSBURY CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 SHREWSBURY CLOSE: Plot and Title Map

2 SHREWSBURY CLOSE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 2 SHREWSBURY 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 2 SHREWSBURY 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 2 SHREWSBURY CLOSE?

2 SHREWSBURY CLOSE is located in MONKSTON, in the MK10 postcode district. The below map shows the position of No. 2 on SHREWSBURY CLOSE.