35, WILLIAM SMITH CLOSE, WOOLSTONE, MILTON KEYNES, MK15 0AN - £315,000

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.

35 WILLIAM SMITH CLOSE is a very small terraced house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £377,157. It was last sold for £315,000 in August 2018, which was around 42% above the average August 2018 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

35 WILLIAM SMITH CLOSE Sold Prices

Land registry data shows three sales for 35 WILLIAM SMITH 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 35 WILLIAM SMITH 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
2018 14 AUG	£315,000	£221,609	42% above HPI
2013 12 DEC	£245,000	£149,858	63% above HPI
1999 24 SEP	£116,000	£55,287	110% above HPI

35 WILLIAM SMITH 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 35 WILLIAM SMITH CLOSE sales between September 1999 and August 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 December 2013 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the August 2018 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 35 WILLIAM SMITH CLOSE be worth now?

35 WILLIAM SMITH CLOSE might now be worth an estimated £377,157.

This is based on house price inflation of 19.7%, between August 2018 and April 2026, 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 19.7% inflationary increase is applied to the most recent sale price for 35 WILLIAM SMITH CLOSE of £315,000 on 14th August 2018. For the value to have increased from £315,000 to £377,157 over the eight years and four months to April 2026, the following assumptions must hold true:

• The value of 35 WILLIAM SMITH CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The August 2018 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 35 WILLIAM SMITH CLOSE has not materially changed since August 2018.

How Large is 35 WILLIAM SMITH CLOSE?

35 WILLIAM SMITH CLOSE is 84m² according to the EPC inspection conducted in July 2013. 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 35 WILLIAM SMITH CLOSE lies on this distribution: 14% of terraced houses houses are smaller than 35 WILLIAM SMITH CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

35 WILLIAM SMITH CLOSE: Plot and Title Map

35 WILLIAM SMITH CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 35 WILLIAM SMITH 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 35 WILLIAM SMITH 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 35 WILLIAM SMITH CLOSE?

35 WILLIAM SMITH CLOSE is located in WOOLSTONE, in the MK15 postcode district. The below map shows the position of No. 35 on WILLIAM SMITH CLOSE.