37, EMPINGHAM CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3QT - £72,500

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.

37 EMPINGHAM CLOSE is a very small terraced house of 54m², built sometime between 1976 and 1982, which could now be worth an estimated £96,224. It was last sold for £72,500 in March 2016, which was around 64% below the average March 2016 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

37 EMPINGHAM CLOSE Sold Prices

Land registry data shows three sales for 37 EMPINGHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the three 37 EMPINGHAM 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
2016 31 MAR	£72,500	£203,990	64% below HPI
2004 30 JUL	£62,000	£124,201	50% below HPI
2000 10 NOV	£31,000	£66,731	54% below HPI

37 EMPINGHAM 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 three 37 EMPINGHAM CLOSE sales between November 2000 and March 2016 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 July 2004 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the March 2016 sale, where it falls to 64% below the HPI. The line then continues to track at 64% below the HPI.

What might 37 EMPINGHAM CLOSE be worth now?

37 EMPINGHAM CLOSE might now be worth an estimated £96,224.

This is based on house price inflation of 32.7%, between March 2016 and March 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 32.7% inflationary increase is applied to the most recent sale price for 37 EMPINGHAM CLOSE of £72,500 on 31st March 2016. For the value to have increased from £72,500 to £96,224 over the ten years to March 2026, the following assumptions must hold true:

• The value of 37 EMPINGHAM CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The March 2016 sale price of £72,500 represented a fair market value for the property.
• The size, condition, and specification of 37 EMPINGHAM CLOSE has not materially changed since March 2016.

How Large is 37 EMPINGHAM CLOSE?

37 EMPINGHAM CLOSE is 54m² according to the EPC inspection conducted in August 2010. 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 37 EMPINGHAM CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 37 EMPINGHAM CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

37 EMPINGHAM CLOSE: Plot and Title Map

37 EMPINGHAM CLOSE sits on a plot of roughly 0.024 of an acre, or 98m². The below map shows the location of 37 EMPINGHAM 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 37 EMPINGHAM 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 37 EMPINGHAM CLOSE?

37 EMPINGHAM CLOSE is located in BLETCHLEY, in the MK2 postcode district. The below map shows the position of No. 37 on EMPINGHAM CLOSE.