5, GANTON CLOSE, BLETCHLEY, MILTON KEYNES, MK3 7TT - £250,000

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 GANTON CLOSE is a small extended detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £374,132. It was last sold for £250,000 in May 2015, which was around 31% below the average May 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

5 GANTON CLOSE Sold Prices

Land registry data shows two sales for 5 GANTON 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. Both of the two 5 GANTON 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
2015 27 MAY	£250,000	£361,299	31% below HPI
1997 31 JAN	£74,995	£92,375	19% below HPI

5 GANTON 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 5 GANTON CLOSE sales from January 1997 and May 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 January 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 5 GANTON CLOSE be worth now?

5 GANTON CLOSE might now be worth an estimated £374,132.

This is based on house price inflation of 49.7%, between May 2015 and April 2026, 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 49.7% inflationary increase is applied to the most recent sale price for 5 GANTON CLOSE of £250,000 on 27th May 2015. For the value to have increased from £250,000 to £374,132 over the eleven years and one month to April 2026, the following assumptions must hold true:

• The value of 5 GANTON CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The May 2015 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GANTON CLOSE has not materially changed since May 2015.

How Large is 5 GANTON CLOSE?

5 GANTON CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 40% 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 5 GANTON CLOSE lies on this distribution: 36% of detached houses houses are smaller than 5 GANTON CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

5 GANTON CLOSE: Plot and Title Map

5 GANTON CLOSE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 5 GANTON 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 GANTON 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 GANTON CLOSE?

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