2, ARUBA CLOSE, NEWTON LEYS, MILTON KEYNES, MK3 5GD - £455,000

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.

2 ARUBA CLOSE is a very large detached house of 147m², which could now be worth an estimated £601,049. It was last sold for £455,000 in March 2019, which was around 4% above the average March 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2012, where the current energy rating was B, and the potential energy rating was B.

2 ARUBA CLOSE Sold Prices

Land registry data shows two sales for 2 ARUBA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. One of the two 2 ARUBA CLOSE sales was for above the average price, whilst the other was roughly equal to 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 22 MAR	£455,000	£438,562	4% above HPI
2012 14 DEC	£290,000	£290,936	Close to HPI

2 ARUBA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 2 ARUBA CLOSE sales from December 2012 and March 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 December 2012 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2019 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 2 ARUBA CLOSE be worth now?

2 ARUBA CLOSE might now be worth an estimated £601,049.

This is based on house price inflation of 32.1%, between March 2019 and March 2025, for 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 32.1% inflationary increase is applied to the most recent sale price for 2 ARUBA CLOSE of £455,000 on 22nd March 2019. For the value to have increased from £455,000 to £601,049 over the six years to March 2025, the following assumptions must hold true:

• The value of 2 ARUBA CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The March 2019 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ARUBA CLOSE has not materially changed since March 2019.

How Large is 2 ARUBA CLOSE?

2 ARUBA CLOSE is 147m² according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bletchley, and where 2 ARUBA CLOSE lies on this distribution: 82% of detached houses houses are smaller than 2 ARUBA CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

2 ARUBA CLOSE: Plot and Title Map

2 ARUBA CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 2 ARUBA 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 2 ARUBA 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 2 ARUBA CLOSE?

2 ARUBA CLOSE is located in NEWTON LEYS, in the MK3 postcode district. The below map shows the position of No. 2 on ARUBA CLOSE.