12, LOTHIAN CLOSE, BLETCHLEY, MILTON KEYNES, MK3 7SH - £550,000

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

12 LOTHIAN CLOSE is a very large extended detached house of 165m², built sometime between 1991 and 1995. It was last sold for £550,000 in September 2022, which was around 5% above the average September 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was C.

12 LOTHIAN CLOSE Sold Prices

Land registry data shows four sales for 12 LOTHIAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. two of the four 12 LOTHIAN CLOSE sales were for above the average price, and four 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
2022 23 SEP	£550,000	£521,577	5% above HPI
2012 14 DEC	£290,000	£281,465	3% above HPI
2005 9 DEC	£215,000	£251,356	14% below HPI
2002 28 MAR	£154,000	£176,785	13% below HPI

12 LOTHIAN 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 four 12 LOTHIAN CLOSE sales between March 2002 and September 2022 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 2012 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 12 LOTHIAN CLOSE?

12 LOTHIAN CLOSE is 165m², which includes two extensions, according to the EPC inspection conducted in July 2022. 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 12 LOTHIAN CLOSE lies on this distribution: 88% of detached houses are smaller than 12 LOTHIAN CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

12 LOTHIAN CLOSE: Plot and Title Map

12 LOTHIAN CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 12 LOTHIAN 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 LOTHIAN 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 LOTHIAN CLOSE?

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