4, ARMSTRONG CLOSE, CROWNHILL, MILTON KEYNES, MK8 0AU - £175,000

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.

4 ARMSTRONG CLOSE is a very small detached house of 65m², built sometime between 1991 and 1995, which could now be worth an estimated £329,667. It was last sold for £175,000 in November 2012, which was around 40% below the average November 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

4 ARMSTRONG CLOSE Sold Prices

Land registry data shows five sales for 4 ARMSTRONG 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 4 ARMSTRONG 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
2012 2 NOV	£175,000	£291,840	40% below HPI
2002 10 DEC	£136,800	£224,260	39% below HPI
2002 28 JUN	£105,000	£192,829	46% below HPI
2000 11 AUG	£88,000	£148,602	41% below HPI
1998 1 DEC	£40,000	£112,056	64% below HPI

4 ARMSTRONG 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 4 ARMSTRONG CLOSE sales between December 1998 and November 2012 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 2002 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2012 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 4 ARMSTRONG CLOSE be worth now?

4 ARMSTRONG CLOSE might now be worth an estimated £329,667.

This is based on house price inflation of 88.4%, between November 2012 and May 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 88.4% inflationary increase is applied to the most recent sale price for 4 ARMSTRONG CLOSE of £175,000 on 2nd November 2012. For the value to have increased from £175,000 to £329,667 over the fourteen years and six months to May 2026, the following assumptions must hold true:

• The value of 4 ARMSTRONG CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The November 2012 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ARMSTRONG CLOSE has not materially changed since November 2012.

How Large is 4 ARMSTRONG CLOSE?

4 ARMSTRONG CLOSE is 65m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 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 4 ARMSTRONG CLOSE lies on this distribution: 3% of detached houses houses are smaller than 4 ARMSTRONG CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

4 ARMSTRONG CLOSE: Plot and Title Map

4 ARMSTRONG CLOSE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 4 ARMSTRONG 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 4 ARMSTRONG 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 4 ARMSTRONG CLOSE?

4 ARMSTRONG CLOSE is located in CROWNHILL, in the MK8 postcode district. The below map shows the position of No. 4 on ARMSTRONG CLOSE.