5, VALENS CLOSE, CROWNHILL, MILTON KEYNES, MK8 0BH - £150,000

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.

5 VALENS CLOSE is a very small semi-detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £293,822. It was last sold for £150,000 in August 2010, which was around 10% below the average August 2010 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

5 VALENS CLOSE Sold Prices

Land registry data shows six sales for 5 VALENS CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. Most of the six 5 VALENS 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
2010 17 AUG	£150,000	£167,056	10% below HPI
2007 23 NOV	£162,000	£186,922	13% below HPI
2002 10 JUN	£109,000	£105,036	4% above HPI
2001 15 JUN	£80,000	£86,660	8% below HPI
2000 13 APR	£67,000	£75,839	12% below HPI
1999 10 NOV	£58,000	£71,126	18% below HPI

5 VALENS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The six 5 VALENS CLOSE sales between November 1999 and August 2010 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 November 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2010 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 5 VALENS CLOSE be worth now?

5 VALENS CLOSE might now be worth an estimated £293,822.

This is based on house price inflation of 95.9%, between August 2010 and March 2026, for semi-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 95.9% inflationary increase is applied to the most recent sale price for 5 VALENS CLOSE of £150,000 on 17th August 2010. For the value to have increased from £150,000 to £293,822 over the sixteen years and five months to March 2026, the following assumptions must hold true:

• The value of 5 VALENS CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The August 2010 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 5 VALENS CLOSE has not materially changed since August 2010.

How Large is 5 VALENS CLOSE?

5 VALENS CLOSE is 58m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 5 VALENS CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 5 VALENS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 VALENS CLOSE: Plot and Title Map

5 VALENS CLOSE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 5 VALENS 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 5 VALENS 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 5 VALENS CLOSE?

5 VALENS CLOSE is located in CROWNHILL, in the MK8 postcode district. The below map shows the position of No. 5 on VALENS CLOSE.