3, BROWNE WILLIS CLOSE, BLETCHLEY, MILTON KEYNES, MK2 2LJ - £199,000

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.

3 BROWNE WILLIS CLOSE is a small extended terraced house of 87m², built sometime between 1983 and 1990, which could now be worth an estimated £298,644. It was last sold for £199,000 in April 2015, which was around 13% above the average April 2015 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

3 BROWNE WILLIS CLOSE Sold Prices

Land registry data shows two sales for 3 BROWNE WILLIS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 3 BROWNE WILLIS 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
2015 1 APR	£199,000	£176,807	13% above HPI
2012 1 JUN	£148,000	£141,738	4% above HPI

3 BROWNE WILLIS 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 two 3 BROWNE WILLIS CLOSE sales from June 2012 and April 2015 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 June 2012 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2015 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 3 BROWNE WILLIS CLOSE be worth now?

3 BROWNE WILLIS CLOSE might now be worth an estimated £298,644.

This is based on house price inflation of 50.1%, between April 2015 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 50.1% inflationary increase is applied to the most recent sale price for 3 BROWNE WILLIS CLOSE of £199,000 on 1st April 2015. For the value to have increased from £199,000 to £298,644 over the eleven years to April 2026, the following assumptions must hold true:

• The value of 3 BROWNE WILLIS CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The April 2015 sale price of £199,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BROWNE WILLIS CLOSE has not materially changed since April 2015.

How Large is 3 BROWNE WILLIS CLOSE?

3 BROWNE WILLIS CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% 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 3 BROWNE WILLIS CLOSE lies on this distribution: 21% of terraced houses houses are smaller than 3 BROWNE WILLIS CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

3 BROWNE WILLIS CLOSE: Plot and Title Map

3 BROWNE WILLIS CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 3 BROWNE WILLIS 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 3 BROWNE WILLIS 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 3 BROWNE WILLIS CLOSE?

3 BROWNE WILLIS CLOSE is located in BLETCHLEY, in the MK2 postcode district. The below map shows the position of No. 3 on BROWNE WILLIS CLOSE.