1, HARKNESS CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3NB - £249,000

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.

1 HARKNESS CLOSE is a very small extended terraced house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £251,680. It was last sold for £249,000 in August 2022, which was around 5% below the average August 2022 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

1 HARKNESS CLOSE Sold Prices

Land registry data shows four sales for 1 HARKNESS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. Most of the four 1 HARKNESS 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 26 AUG	£249,000	£262,513	5% below HPI
2015 18 DEC	£200,000	£193,608	3% above HPI
2007 15 FEB	£146,500	£144,242	2% above HPI
1999 19 FEB	£51,000	£49,448	3% above HPI

1 HARKNESS 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 four 1 HARKNESS CLOSE sales between February 1999 and August 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 December 2015 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 1 HARKNESS CLOSE be worth now?

1 HARKNESS CLOSE might now be worth an estimated £251,680.

This is based on house price inflation of 1.1%, between August 2022 and April 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 1.1% inflationary increase is applied to the most recent sale price for 1 HARKNESS CLOSE of £249,000 on 26th August 2022. For the value to have increased from £249,000 to £251,680 over the four years and four months to April 2026, the following assumptions must hold true:

• The value of 1 HARKNESS CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The August 2022 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HARKNESS CLOSE has not materially changed since August 2022.

How Large is 1 HARKNESS CLOSE?

1 HARKNESS CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of terraced houses houses in Bletchley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bletchley, and where 1 HARKNESS CLOSE lies on this distribution: 6% of terraced houses houses are smaller than 1 HARKNESS CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

1 HARKNESS CLOSE: Plot and Title Map

1 HARKNESS CLOSE sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 1 HARKNESS 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 1 HARKNESS 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 1 HARKNESS CLOSE?

1 HARKNESS CLOSE is located in BLETCHLEY, in the MK2 postcode district. The below map shows the position of No. 1 on HARKNESS CLOSE.