3, BENWELL CLOSE, BANCROFT, MILTON KEYNES, MK13 0PR - £445,000

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.

3 BENWELL CLOSE is a very large extended detached house of 195m², built sometime between 1976 and 1982, which could now be worth an estimated £870,919. It was last sold for £445,000 in May 2011, which was around 61% above the average May 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

3 BENWELL CLOSE Sold Prices

Land registry data shows two sales for 3 BENWELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 3 BENWELL 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
2011 27 MAY	£445,000	£276,270	61% above HPI
2006 23 AUG	£335,000	£272,473	23% above HPI

3 BENWELL 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 two 3 BENWELL CLOSE sales from August 2006 and May 2011 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 August 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2011 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 3 BENWELL CLOSE be worth now?

3 BENWELL CLOSE might now be worth an estimated £870,919.

This is based on house price inflation of 95.7%, between May 2011 and April 2026, 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 95.7% inflationary increase is applied to the most recent sale price for 3 BENWELL CLOSE of £445,000 on 27th May 2011. For the value to have increased from £445,000 to £870,919 over the fifteen years and one month to April 2026, the following assumptions must hold true:

• The value of 3 BENWELL CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The May 2011 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BENWELL CLOSE has not materially changed since May 2011.

How Large is 3 BENWELL CLOSE?

3 BENWELL CLOSE is 195m², which includes two extensions, according to the EPC inspection conducted in August 2010. This puts it in the largest 10% 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 3 BENWELL CLOSE lies on this distribution: 90% of detached houses houses are smaller than 3 BENWELL CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 BENWELL CLOSE: Plot and Title Map

3 BENWELL CLOSE sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of 3 BENWELL 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 3 BENWELL 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 3 BENWELL CLOSE?

3 BENWELL CLOSE is located in BANCROFT, in the MK13 postcode district. The below map shows the position of No. 3 on BENWELL CLOSE.