9, RATHBONE CLOSE, CROWNHILL, MILTON KEYNES, MK8 0DT - £315,000

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.

9 RATHBONE CLOSE is a very small terraced house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £336,612. It was last sold for £315,000 in June 2022, which was around 24% above the average June 2022 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

9 RATHBONE CLOSE Sold Prices

Land registry data shows five sales for 9 RATHBONE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the five 9 RATHBONE CLOSE sales were for above 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
2022 15 JUN	£315,000	£253,571	24% above HPI
2008 28 MAR	£187,000	£156,741	19% above HPI
2007 3 APR	£185,000	£146,646	26% above HPI
2004 24 SEP	£143,500	£125,178	15% above HPI
2001 12 APR	£92,950	£67,069	39% above HPI

9 RATHBONE CLOSE 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 five 9 RATHBONE CLOSE sales between April 2001 and June 2022 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 March 2008 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2022 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 9 RATHBONE CLOSE be worth now?

9 RATHBONE CLOSE might now be worth an estimated £336,612.

This is based on house price inflation of 6.9%, between June 2022 and May 2026, 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 6.9% inflationary increase is applied to the most recent sale price for 9 RATHBONE CLOSE of £315,000 on 15th June 2022. For the value to have increased from £315,000 to £336,612 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 9 RATHBONE CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The June 2022 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RATHBONE CLOSE has not materially changed since June 2022.

How Large is 9 RATHBONE CLOSE?

9 RATHBONE CLOSE is 69m² according to the EPC inspection conducted in February 2021. 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 9 RATHBONE CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 9 RATHBONE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

9 RATHBONE CLOSE: Plot and Title Map

9 RATHBONE CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 9 RATHBONE 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 9 RATHBONE 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 9 RATHBONE CLOSE?

9 RATHBONE CLOSE is located in CROWNHILL, in the MK8 postcode district. The below map shows the position of No. 9 on RATHBONE CLOSE.