1, DOWNING CLOSE, BLETCHLEY, MILTON KEYNES, MK3 6EP - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 DOWNING CLOSE is a very large extended detached house of 147m², built sometime between 2003 and 2006. It was last sold for £340,000 in October 2014, which was about the average October 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

1 DOWNING CLOSE Sold Prices

Land registry data shows two sales for 1 DOWNING 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. One of the two 1 DOWNING CLOSE sales was roughly equal to the average price, whilst the other was 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
2014 23 OCT	£340,000	£339,421	Close to HPI
2005 28 OCT	£274,995	£253,429	9% above HPI

1 DOWNING 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 1 DOWNING CLOSE sales from October 2005 and October 2014 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 October 2005 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2014 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 1 DOWNING CLOSE?

1 DOWNING CLOSE is 147m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 20% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 1 DOWNING CLOSE lies on this distribution: 83% of detached houses are smaller than 1 DOWNING CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

1 DOWNING CLOSE: Plot and Title Map

1 DOWNING CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 1 DOWNING 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 1 DOWNING 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 1 DOWNING CLOSE?

1 DOWNING CLOSE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 1 on DOWNING CLOSE.