21, STERLING CLOSE, PENNYLAND, MILTON KEYNES, MK15 8AN - £300,000

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.

21 STERLING CLOSE is a very small extended semi-detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £318,109. It was last sold for £300,000 in September 2024, which was around 6% below the average September 2024 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

21 STERLING CLOSE Sold Prices

Land registry data shows four sales for 21 STERLING CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 21 STERLING 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
2024 27 SEP	£300,000	£317,576	6% below HPI
2016 29 MAR	£240,000	£244,996	2% below HPI
2015 13 JUL	£194,000	£217,754	11% below HPI
2003 23 JUN	£77,000	£128,343	40% below HPI

21 STERLING CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 21 STERLING CLOSE sales between June 2003 and September 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 March 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 21 STERLING CLOSE be worth now?

21 STERLING CLOSE might now be worth an estimated £318,109.

This is based on house price inflation of 6%, between September 2024 and February 2025, for semi-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 6% inflationary increase is applied to the most recent sale price for 21 STERLING CLOSE of £300,000 on 27th September 2024. For the value to have increased from £300,000 to £318,109 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 21 STERLING CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The September 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 21 STERLING CLOSE has not materially changed since September 2024.

How Large is 21 STERLING CLOSE?

21 STERLING CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 21 STERLING CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 21 STERLING CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

21 STERLING CLOSE: Plot and Title Map

21 STERLING CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 21 STERLING 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 21 STERLING 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 21 STERLING CLOSE?

21 STERLING CLOSE is located in PENNYLAND, in the MK15 postcode district. The below map shows the position of No. 21 on STERLING CLOSE.