5, ARBROATH CLOSE, BLETCHLEY, MILTON KEYNES, MK3 7ST - £325,000

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.

5 ARBROATH CLOSE is a small extended terraced house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £335,826. It was last sold for £325,000 in July 2022, which was around 27% above the average July 2022 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

5 ARBROATH CLOSE Sold Prices

Land registry data shows two sales for 5 ARBROATH 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 5 ARBROATH 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
2022 5 JUL	£325,000	£256,784	27% above HPI
1998 15 MAY	£56,500	£47,752	18% above HPI

5 ARBROATH 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 5 ARBROATH CLOSE sales from May 1998 and July 2022 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 May 1998 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2022 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 5 ARBROATH CLOSE be worth now?

5 ARBROATH CLOSE might now be worth an estimated £335,826.

This is based on house price inflation of 3.3%, between July 2022 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 3.3% inflationary increase is applied to the most recent sale price for 5 ARBROATH CLOSE of £325,000 on 5th July 2022. For the value to have increased from £325,000 to £335,826 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 5 ARBROATH CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The July 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ARBROATH CLOSE has not materially changed since July 2022.

How Large is 5 ARBROATH CLOSE?

5 ARBROATH CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in February 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 5 ARBROATH CLOSE lies on this distribution: 23% of terraced houses houses are smaller than 5 ARBROATH CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

5 ARBROATH CLOSE: Plot and Title Map

5 ARBROATH CLOSE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 5 ARBROATH 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 5 ARBROATH 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 5 ARBROATH CLOSE?

5 ARBROATH CLOSE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 5 on ARBROATH CLOSE.