18, HARKNESS CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3NB - £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.

18 HARKNESS CLOSE is a very small semi-detached house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £278,045. It was last sold for £270,000 in May 2023, which was around 14% below the average May 2023 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

18 HARKNESS CLOSE Sold Prices

Land registry data shows three sales for 18 HARKNESS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 18 HARKNESS 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
2023 30 MAY	£270,000	£312,190	14% below HPI
2022 21 DEC	£280,000	£323,457	13% below HPI
2018 14 DEC	£197,000	£261,266	25% below HPI

18 HARKNESS 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 three 18 HARKNESS CLOSE sales between December 2018 and May 2023 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 2022 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 18 HARKNESS CLOSE be worth now?

18 HARKNESS CLOSE might now be worth an estimated £278,045.

This is based on house price inflation of 3%, between May 2023 and April 2026, 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 3% inflationary increase is applied to the most recent sale price for 18 HARKNESS CLOSE of £270,000 on 30th May 2023. For the value to have increased from £270,000 to £278,045 over the three years and one month to April 2026, the following assumptions must hold true:

• The value of 18 HARKNESS CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The May 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HARKNESS CLOSE has not materially changed since May 2023.

How Large is 18 HARKNESS CLOSE?

18 HARKNESS CLOSE is 67m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of semi-detached houses houses in Bletchley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bletchley, and where 18 HARKNESS CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 18 HARKNESS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

18 HARKNESS CLOSE: Plot and Title Map

18 HARKNESS CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 18 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 18 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 18 HARKNESS CLOSE?

18 HARKNESS CLOSE is located in BLETCHLEY, in the MK2 postcode district. The below map shows the position of No. 18 on HARKNESS CLOSE.