11, HARBY CLOSE, EMERSON VALLEY, MILTON KEYNES, MK4 2BB - £88,500

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.

11 HARBY CLOSE is a very small terraced house of 28m², built sometime between 1976 and 1982, which could now be worth an estimated £155,314. It was last sold for £88,500 in August 2007, which was around 43% below the average August 2007 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was C.

11 HARBY CLOSE Sold Prices

Land registry data shows four sales for 11 HARBY 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. All of the four 11 HARBY CLOSE 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
2007 17 AUG	£88,500	£154,401	43% below HPI
2004 16 APR	£83,750	£114,906	27% below HPI
2003 1 MAY	£70,000	£103,677	32% below HPI
2002 12 JUL	£58,000	£86,599	33% below HPI

11 HARBY 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 11 HARBY CLOSE sales between July 2002 and August 2007 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 April 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2007 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 11 HARBY CLOSE be worth now?

11 HARBY CLOSE might now be worth an estimated £155,314.

This is based on house price inflation of 75.5%, between August 2007 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 75.5% inflationary increase is applied to the most recent sale price for 11 HARBY CLOSE of £88,500 on 17th August 2007. For the value to have increased from £88,500 to £155,314 over the nineteen years and three months to May 2026, the following assumptions must hold true:

• The value of 11 HARBY CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The August 2007 sale price of £88,500 represented a fair market value for the property.
• The size, condition, and specification of 11 HARBY CLOSE has not materially changed since August 2007.

How Large is 11 HARBY CLOSE?

11 HARBY CLOSE is 28m² according to the EPC inspection conducted in May 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 11 HARBY CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 11 HARBY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

11 HARBY CLOSE: Plot and Title Map

11 HARBY CLOSE sits on a plot of roughly 1.0 acres, or 4,126m². The below map shows the location of 11 HARBY 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 11 HARBY 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 11 HARBY CLOSE?

11 HARBY CLOSE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 11 on HARBY CLOSE.