12, BANBURIES CLOSE, BLETCHLEY, MILTON KEYNES, MK3 6JP - £310,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 BANBURIES CLOSE is a very small semi-detached house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £332,610. It was last sold for £310,000 in August 2024, which was around 1% below the average August 2024 semi-detached 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.

12 BANBURIES CLOSE Sold Prices

Land registry data shows three sales for 12 BANBURIES CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 12 BANBURIES 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 23 AUG	£310,000	£313,855	1% below HPI
2020 16 DEC	£247,500	£266,415	7% below HPI
2010 10 SEP	£130,000	£166,737	22% below HPI

12 BANBURIES CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 12 BANBURIES CLOSE sales between September 2010 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 December 2020 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2024 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 12 BANBURIES CLOSE be worth now?

12 BANBURIES CLOSE might now be worth an estimated £332,610.

This is based on house price inflation of 7.3%, between August 2024 and February 2025, for semi-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 7.3% inflationary increase is applied to the most recent sale price for 12 BANBURIES CLOSE of £310,000 on 23rd August 2024. For the value to have increased from £310,000 to £332,610 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 12 BANBURIES CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The August 2024 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BANBURIES CLOSE has not materially changed since August 2024.

How Large is 12 BANBURIES CLOSE?

12 BANBURIES CLOSE is 69m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of semi-detached houses houses in Bletchley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bletchley, and where 12 BANBURIES CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 12 BANBURIES CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

12 BANBURIES CLOSE: Plot and Title Map

12 BANBURIES CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 12 BANBURIES 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 12 BANBURIES 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 12 BANBURIES CLOSE?

12 BANBURIES CLOSE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 12 on BANBURIES CLOSE.