60, ORIEL CLOSE, WOLVERTON, MILTON KEYNES, MK12 5FE - £270,000

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.

60 ORIEL CLOSE is a very small semi-detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £335,888. It was last sold for £270,000 in May 2021, which was about the average May 2021 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

60 ORIEL CLOSE Sold Prices

Land registry data shows four sales for 60 ORIEL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. The four 60 ORIEL CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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 14 MAY	£270,000	£270,690	Close to HPI
2016 20 SEP	£245,000	£246,626	1% below HPI
2009 29 MAY	£157,000	£151,884	3% above HPI
2002 29 NOV	£135,950	£119,982	13% above HPI

60 ORIEL 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 four 60 ORIEL CLOSE sales between November 2002 and May 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 September 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 60 ORIEL CLOSE be worth now?

60 ORIEL CLOSE might now be worth an estimated £335,888.

This is based on house price inflation of 24.4%, between May 2021 and February 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 24.4% inflationary increase is applied to the most recent sale price for 60 ORIEL CLOSE of £270,000 on 14th May 2021. For the value to have increased from £270,000 to £335,888 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 60 ORIEL CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The May 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 60 ORIEL CLOSE has not materially changed since May 2021.

How Large is 60 ORIEL CLOSE?

60 ORIEL CLOSE is 80m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% 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 60 ORIEL CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 60 ORIEL CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

60 ORIEL CLOSE: Plot and Title Map

60 ORIEL CLOSE sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 60 ORIEL 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 60 ORIEL 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 60 ORIEL CLOSE?

60 ORIEL CLOSE is located in WOLVERTON, in the MK12 postcode district. The below map shows the position of No. 60 on ORIEL CLOSE.