11, HARKNESS CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3NB - £185,000

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.

11 HARKNESS CLOSE is a very small terraced house of 61m², built sometime between 1976 and 1982, which could now be worth an estimated £227,527. It was last sold for £185,000 in September 2019, which was around 14% below the average September 2019 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 B.

11 HARKNESS CLOSE Sold Prices

Land registry data shows four sales for 11 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. Two of the four 11 HARKNESS CLOSE sales were for below the average price, whilst one was 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
2019 16 SEP	£185,000	£215,744	14% below HPI
2003 8 AUG	£110,000	£106,147	4% above HPI
2000 4 SEP	£64,995	£64,768	Close to HPI
1999 29 JAN	£47,500	£49,274	4% below HPI

11 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 11 HARKNESS CLOSE sales between January 1999 and September 2019 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 August 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 11 HARKNESS CLOSE be worth now?

11 HARKNESS CLOSE might now be worth an estimated £227,527.

This is based on house price inflation of 23%, between September 2019 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 23% inflationary increase is applied to the most recent sale price for 11 HARKNESS CLOSE of £185,000 on 16th September 2019. For the value to have increased from £185,000 to £227,527 over the seven years and five months to April 2026, the following assumptions must hold true:

• The value of 11 HARKNESS CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The September 2019 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 11 HARKNESS CLOSE has not materially changed since September 2019.

How Large is 11 HARKNESS CLOSE?

11 HARKNESS CLOSE is 61m² according to the EPC inspection conducted in May 2019. 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 11 HARKNESS CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 11 HARKNESS CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

11 HARKNESS CLOSE: Plot and Title Map

11 HARKNESS CLOSE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 11 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 11 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 11 HARKNESS CLOSE?

11 HARKNESS CLOSE is located in BLETCHLEY, in the MK2 postcode district. The below map shows the position of No. 11 on HARKNESS CLOSE.