47, WILLIAM SMITH CLOSE, WOOLSTONE, MILTON KEYNES, MK15 0AN - £240,000

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.

47 WILLIAM SMITH CLOSE is a very small terraced house of 75m², built sometime between 1976 and 1982, which could now be worth an estimated £342,495. It was last sold for £240,000 in August 2015, which was around 29% above the average August 2015 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

47 WILLIAM SMITH CLOSE Sold Prices

Land registry data shows three sales for 47 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 47 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
2015 26 AUG	£240,000	£185,933	29% above HPI
2004 13 FEB	£147,000	£112,826	30% above HPI
2002 13 FEB	£116,500	£78,123	49% above HPI

47 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 47 WILLIAM SMITH CLOSE sales between February 2002 and August 2015 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 February 2004 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the August 2015 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 47 WILLIAM SMITH CLOSE be worth now?

47 WILLIAM SMITH CLOSE might now be worth an estimated £342,495.

This is based on house price inflation of 42.7%, between August 2015 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 42.7% inflationary increase is applied to the most recent sale price for 47 WILLIAM SMITH CLOSE of £240,000 on 26th August 2015. For the value to have increased from £240,000 to £342,495 over the eleven years and four months to April 2026, the following assumptions must hold true:

• The value of 47 WILLIAM SMITH CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The August 2015 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 47 WILLIAM SMITH CLOSE has not materially changed since August 2015.

How Large is 47 WILLIAM SMITH CLOSE?

47 WILLIAM SMITH CLOSE is 75m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% 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 47 WILLIAM SMITH CLOSE lies on this distribution: 8% of terraced houses houses are smaller than 47 WILLIAM SMITH CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

47 WILLIAM SMITH CLOSE: Plot and Title Map

47 WILLIAM SMITH CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 47 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 47 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 47 WILLIAM SMITH CLOSE?

47 WILLIAM SMITH CLOSE is located in WOOLSTONE, in the MK15 postcode district. The below map shows the position of No. 47 on WILLIAM SMITH CLOSE.