15, RAYS CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3FG - £190,000

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.

15 RAYS CLOSE is a midsized terraced house of 84m², built sometime between 2007 and 2011, which could now be worth an estimated £390,538. It was last sold for £190,000 in May 2009, which was around 47% above the average May 2009 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

15 RAYS CLOSE Sold Prices

Land registry data shows one sale for 15 RAYS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 8 MAY	£190,000	£129,089	47% above HPI

What might 15 RAYS CLOSE be worth now?

15 RAYS CLOSE might now be worth an estimated £390,538.

This is based on house price inflation of 105.5%, between May 2009 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 105.5% inflationary increase is applied to the most recent sale price for 15 RAYS CLOSE of £190,000 on 8th May 2009. For the value to have increased from £190,000 to £390,538 over the seventeen years and one month to April 2026, the following assumptions must hold true:

• The value of 15 RAYS CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The May 2009 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 15 RAYS CLOSE has not materially changed since May 2009.

How Large is 15 RAYS CLOSE?

15 RAYS CLOSE is 84m² according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of terraced houses in Bletchley, based on EPC data. The below chart shows the distribution of terraced houses by size in Bletchley, and where 15 RAYS CLOSE lies on this distribution: 53% of terraced houses are smaller than 15 RAYS CLOSE, and 45% of terraced houses are larger. Note that EPC data is not available for all properties in Bletchley.

15 RAYS CLOSE: Plot

15 RAYS CLOSE sits on a plot of roughly 0.040 of an acre, or 160m².

Where is 15 RAYS CLOSE?

15 RAYS CLOSE is located in BLETCHLEY, in the MK2 postcode district.