2, OTTER CLOSE, BLETCHLEY, MILTON KEYNES, MK3 7QP - £445,000

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.

2 OTTER CLOSE is a large extended detached house of 138m², built sometime between 1976 and 1982, which could now be worth an estimated £558,662. It was last sold for £445,000 in February 2017, which was around 2% above the average February 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

2 OTTER CLOSE Sold Prices

Land registry data shows one sale for 2 OTTER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached 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
2017 3 FEB	£445,000	£437,254	2% above HPI

What might 2 OTTER CLOSE be worth now?

2 OTTER CLOSE might now be worth an estimated £558,662.

This is based on house price inflation of 25.5%, between February 2017 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 25.5% inflationary increase is applied to the most recent sale price for 2 OTTER CLOSE of £445,000 on 3rd February 2017. For the value to have increased from £445,000 to £558,662 over the eight years and eleven months to March 2026, the following assumptions must hold true:

• The value of 2 OTTER CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The February 2017 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OTTER CLOSE has not materially changed since February 2017.

How Large is 2 OTTER CLOSE?

2 OTTER CLOSE is 138m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 30% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 2 OTTER CLOSE lies on this distribution: 73% of detached houses are smaller than 2 OTTER CLOSE, and 26% of detached houses are larger. Note that EPC data is not available for all properties in Bletchley.

2 OTTER CLOSE: Plot

2 OTTER CLOSE sits on a plot of roughly 0.102 of an acre, or 411m².

Where is 2 OTTER CLOSE?

2 OTTER CLOSE is located in BLETCHLEY, in the MK3 postcode district.