51, FOSSEY CLOSE, SHENLEY BROOK END, MILTON KEYNES, MK5 7FT - £254,950

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.

51 FOSSEY CLOSE is a very small semi-detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £314,486. It was last sold for £254,950 in September 2020, which was around 5% below the average September 2020 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

51 FOSSEY CLOSE Sold Prices

Land registry data shows two sales for 51 FOSSEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 51 FOSSEY 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
2020 29 SEP	£254,950	£269,102	5% below HPI
2009 19 JUN	£27,600	£153,823	82% below HPI

51 FOSSEY 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 two 51 FOSSEY CLOSE sales from June 2009 and September 2020 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 June 2009 sale was for 82% below the HPI. So the extrapolation line tracks at 82% below the HPI over time, until the September 2020 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 51 FOSSEY CLOSE be worth now?

51 FOSSEY CLOSE might now be worth an estimated £314,486.

This is based on house price inflation of 23.4%, between September 2020 and June 2025, 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 23.4% inflationary increase is applied to the most recent sale price for 51 FOSSEY CLOSE of £254,950 on 29th September 2020. For the value to have increased from £254,950 to £314,486 over the five years and three months to June 2025, the following assumptions must hold true:

• The value of 51 FOSSEY CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The September 2020 sale price of £254,950 represented a fair market value for the property.
• The size, condition, and specification of 51 FOSSEY CLOSE has not materially changed since September 2020.

How Large is 51 FOSSEY CLOSE?

51 FOSSEY CLOSE is 71m² according to the EPC inspection conducted in June 2011. 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 51 FOSSEY CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 51 FOSSEY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

51 FOSSEY CLOSE: Plot and Title Map

51 FOSSEY CLOSE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 51 FOSSEY 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 51 FOSSEY 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 51 FOSSEY CLOSE?

51 FOSSEY CLOSE is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 51 on FOSSEY CLOSE.