55, STUDLEY KNAPP, WALNUT TREE, MILTON KEYNES, MK7 7LX - £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.

55 STUDLEY KNAPP is a very small terraced house of 42m², built sometime between 1967 and 1975, which could now be worth an estimated £204,189. It was last sold for £175,000 in June 2021, which was around 25% below the average June 2021 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was B.

55 STUDLEY KNAPP Sold Prices

Land registry data shows nine sales for 55 STUDLEY KNAPP since 1^st January 1995. The below table shows the price paid for the nine sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the nine 55 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
2021 4 JUN	£175,000	£233,020	25% below HPI
2019 19 JUL	£157,000	£217,401	28% below HPI
2017 14 FEB	£155,000	£209,491	26% below HPI
2006 24 MAR	£109,000	£131,254	17% below HPI
2004 15 APR	£110,000	£114,906	4% below HPI
2003 18 JUL	£95,500	£104,216	8% below HPI
2001 31 AUG	£63,995	£74,406	14% below HPI
1997 1 MAY	£33,500	£42,144	21% below HPI
1996 31 JAN	£31,750	£39,260	19% below HPI

55 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 nine 55 STUDLEY KNAPP sales between January 1996 and June 2021 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 July 2019 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 55 STUDLEY KNAPP be worth now?

55 STUDLEY KNAPP might now be worth an estimated £204,189.

This is based on house price inflation of 16.7%, between June 2021 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 16.7% inflationary increase is applied to the most recent sale price for 55 STUDLEY KNAPP of £175,000 on 4th June 2021. For the value to have increased from £175,000 to £204,189 over the four years to June 2025, the following assumptions must hold true:

• The value of 55 STUDLEY KNAPP has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The June 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 55 STUDLEY KNAPP has not materially changed since June 2021.

How Large is 55 STUDLEY KNAPP?

55 STUDLEY KNAPP is 42m² according to the EPC inspection conducted in April 2012. 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 55 STUDLEY KNAPP lies on this distribution: Less than 1% of terraced houses houses are smaller than 55 STUDLEY KNAPP, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

55 STUDLEY KNAPP: Plot and Title Map

55 STUDLEY KNAPP sits on a plot of roughly 0.007 of an acre, or 30m². The below map shows the location of 55 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 55 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 55 STUDLEY KNAPP?

55 STUDLEY KNAPP is located in WALNUT TREE, in the MK7 postcode district. The below map shows the position of No. 55 on STUDLEY KNAPP.