7, PENINA CLOSE, BLETCHLEY, MILTON KEYNES, MK3 7TL - £450,000

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.

7 PENINA CLOSE is a very large extended detached house of 154m², built sometime between 1967 and 1975, which could now be worth an estimated £467,887. It was last sold for £450,000 in August 2024, which was around 15% below the average August 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

7 PENINA CLOSE Sold Prices

Land registry data shows two sales for 7 PENINA 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 7 PENINA 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
2024 22 AUG	£450,000	£527,953	15% below HPI
2004 20 JUL	£230,000	£257,363	11% below HPI

7 PENINA 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 7 PENINA CLOSE sales from July 2004 and August 2024 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2024 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 7 PENINA CLOSE be worth now?

7 PENINA CLOSE might now be worth an estimated £467,887.

This is based on house price inflation of 4%, between August 2024 and March 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 4% inflationary increase is applied to the most recent sale price for 7 PENINA CLOSE of £450,000 on 22nd August 2024. For the value to have increased from £450,000 to £467,887 over the two years and five months to March 2026, the following assumptions must hold true:

• The value of 7 PENINA CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The August 2024 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PENINA CLOSE has not materially changed since August 2024.

How Large is 7 PENINA CLOSE?

7 PENINA CLOSE is 154m², which includes four extensions, according to the EPC inspection conducted in October 2023. 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 7 PENINA CLOSE lies on this distribution: 85% of detached houses houses are smaller than 7 PENINA CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

7 PENINA CLOSE: Plot and Title Map

7 PENINA CLOSE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 7 PENINA 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 7 PENINA 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 7 PENINA CLOSE?

7 PENINA CLOSE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 7 on PENINA CLOSE.