51, STUDLEY KNAPP, WALNUT TREE, MILTON KEYNES, MK7 7LX - £162,000

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.

51 STUDLEY KNAPP is a very small terraced house of 38m², built sometime between 1991 and 1995, which could now be worth an estimated £202,770. It was last sold for £162,000 in November 2018, which was around 25% below the average November 2018 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

51 STUDLEY KNAPP Sold Prices

Land registry data shows two sales for 51 STUDLEY KNAPP since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 51 STUDLEY KNAPP 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
2018 12 NOV	£162,000	£217,219	25% below HPI
1999 22 DEC	£49,500	£58,040	15% below HPI

51 STUDLEY KNAPP 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 two 51 STUDLEY KNAPP sales from December 1999 and November 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 1999 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 51 STUDLEY KNAPP be worth now?

51 STUDLEY KNAPP might now be worth an estimated £202,770.

This is based on house price inflation of 25.2%, between November 2018 and June 2025, 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 25.2% inflationary increase is applied to the most recent sale price for 51 STUDLEY KNAPP of £162,000 on 12th November 2018. For the value to have increased from £162,000 to £202,770 over the seven years and five months to June 2025, the following assumptions must hold true:

• The value of 51 STUDLEY KNAPP has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The November 2018 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 51 STUDLEY KNAPP has not materially changed since November 2018.

How Large is 51 STUDLEY KNAPP?

51 STUDLEY KNAPP is 38m² according to the EPC inspection conducted in August 2019. 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 51 STUDLEY KNAPP lies on this distribution: Less than 1% of terraced houses houses are smaller than 51 STUDLEY KNAPP, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

51 STUDLEY KNAPP: Plot and Title Map

51 STUDLEY KNAPP sits on a plot of roughly 0.006 of an acre, or 24m². The below map shows the location of 51 STUDLEY KNAPP, 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 STUDLEY KNAPP). 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 STUDLEY KNAPP?

51 STUDLEY KNAPP is located in WALNUT TREE, in the MK7 postcode district. The below map shows the position of No. 51 on STUDLEY KNAPP.