29, MALTING CLOSE, STOKE GOLDINGTON, NEWPORT PAGNELL, MK16 8NX - £340,000

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.

29 MALTING CLOSE is a very small extended detached house of 101m², built sometime between 1967 and 1975, which could now be worth an estimated £437,141. It was last sold for £340,000 in March 2018, which was around 25% below the average March 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was C.

29 MALTING CLOSE Sold Prices

Land registry data shows five sales for 29 MALTING 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. All of the five 29 MALTING 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
2018 8 MAR	£340,000	£450,596	25% below HPI
2010 28 OCT	£228,000	£281,498	19% below HPI
2006 17 NOV	£236,995	£280,938	16% below HPI
2002 25 JAN	£159,995	£183,936	13% below HPI
2001 3 SEP	£120,000	£175,486	32% below HPI

29 MALTING 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 29 MALTING CLOSE sales between September 2001 and March 2018 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 October 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 29 MALTING CLOSE be worth now?

29 MALTING CLOSE might now be worth an estimated £437,141.

This is based on house price inflation of 28.6%, between March 2018 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 28.6% inflationary increase is applied to the most recent sale price for 29 MALTING CLOSE of £340,000 on 8th March 2018. For the value to have increased from £340,000 to £437,141 over the seven years to March 2025, the following assumptions must hold true:

• The value of 29 MALTING CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The March 2018 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 29 MALTING CLOSE has not materially changed since March 2018.

How Large is 29 MALTING CLOSE?

29 MALTING CLOSE is 101m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of detached houses houses in Stoke Goldington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoke Goldington, and where 29 MALTING CLOSE lies on this distribution: 8% of detached houses houses are smaller than 29 MALTING CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Stoke Goldington.

29 MALTING CLOSE: Plot and Title Map

29 MALTING CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 29 MALTING 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 29 MALTING 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 29 MALTING CLOSE?

29 MALTING CLOSE is located in STOKE GOLDINGTON, in the MK16 postcode district. The below map shows the position of No. 29 on MALTING CLOSE.