3, SKIPTON CLOSE, WILLEN PARK, MILTON KEYNES, MK15 9DJ - £525,000

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 SKIPTON CLOSE is a midsized extended detached house of 131m², built sometime between 1983 and 1990, which could now be worth an estimated £622,501. It was last sold for £525,000 in October 2017, which was around 15% above the average October 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

3 SKIPTON CLOSE Sold Prices

Land registry data shows three sales for 3 SKIPTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 3 SKIPTON 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 16 OCT	£525,000	£456,006	15% above HPI
2014 1 OCT	£450,000	£350,842	28% above HPI
2000 25 FEB	£180,000	£131,990	36% above HPI

3 SKIPTON 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 three 3 SKIPTON CLOSE sales between February 2000 and October 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 October 2014 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2017 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 3 SKIPTON CLOSE be worth now?

3 SKIPTON CLOSE might now be worth an estimated £622,501.

This is based on house price inflation of 18.6%, between October 2017 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 18.6% inflationary increase is applied to the most recent sale price for 3 SKIPTON CLOSE of £525,000 on 16th October 2017. For the value to have increased from £525,000 to £622,501 over the nine years and six months to April 2026, the following assumptions must hold true:

• The value of 3 SKIPTON CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The October 2017 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SKIPTON CLOSE has not materially changed since October 2017.

How Large is 3 SKIPTON CLOSE?

3 SKIPTON CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 50% 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 SKIPTON CLOSE lies on this distribution: 58% of detached houses houses are smaller than 3 SKIPTON CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 SKIPTON CLOSE: Plot and Title Map

3 SKIPTON CLOSE sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 3 SKIPTON 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 SKIPTON 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 SKIPTON CLOSE?

3 SKIPTON CLOSE is located in WILLEN PARK, in the MK15 postcode district. The below map shows the position of No. 3 on SKIPTON CLOSE.