1, SKENE CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3PU - £147,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 SKENE CLOSE is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £147,000 in June 2016, which was around 64% below the average June 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

1 SKENE CLOSE Sold Prices

Land registry data shows two sales for 1 SKENE 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 1 SKENE 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
2016 27 JUN	£147,000	£408,702	64% below HPI
2011 17 AUG	£60,500	£274,817	78% below HPI

1 SKENE 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 SKENE CLOSE sales from August 2011 and June 2016 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 August 2011 sale was for 78% below the HPI. So the extrapolation line tracks at 78% below the HPI over time, until the June 2016 sale, where it rises to 64% below the HPI. The line then continues to track at 64% below the HPI.

How Large is 1 SKENE CLOSE?

1 SKENE CLOSE is 69m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% 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 SKENE CLOSE lies on this distribution: 7% of detached houses are smaller than 1 SKENE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

1 SKENE CLOSE: Plot and Title Map

1 SKENE CLOSE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 1 SKENE 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 SKENE 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 SKENE CLOSE?

1 SKENE CLOSE is located in BLETCHLEY, in the MK2 postcode district. The below map shows the position of No. 1 on SKENE CLOSE.