16, HARKNESS CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3NB - £218,500

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

16 HARKNESS CLOSE is a small semi-detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £277,723. It was last sold for £218,500 in August 2020, which was around 18% below the average August 2020 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

16 HARKNESS CLOSE Sold Prices

Land registry data shows five sales for 16 HARKNESS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 16 HARKNESS 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
2020 14 AUG	£218,500	£264,937	18% below HPI
2016 13 MAY	£213,500	£244,982	13% below HPI
2008 3 MAR	£158,000	£184,379	14% below HPI
1996 29 NOV	£43,500	£50,205	13% below HPI
1995 31 MAY	£38,500	£48,384	20% below HPI

16 HARKNESS 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 five 16 HARKNESS CLOSE sales between May 1995 and August 2020 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 May 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 16 HARKNESS CLOSE be worth now?

16 HARKNESS CLOSE might now be worth an estimated £277,723.

This is based on house price inflation of 27.1%, between August 2020 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 27.1% inflationary increase is applied to the most recent sale price for 16 HARKNESS CLOSE of £218,500 on 14th August 2020. For the value to have increased from £218,500 to £277,723 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 16 HARKNESS CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The August 2020 sale price of £218,500 represented a fair market value for the property.
• The size, condition, and specification of 16 HARKNESS CLOSE has not materially changed since August 2020.

How Large is 16 HARKNESS CLOSE?

16 HARKNESS CLOSE is 93m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% 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 16 HARKNESS CLOSE lies on this distribution: 27% of semi-detached houses houses are smaller than 16 HARKNESS CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

16 HARKNESS CLOSE: Plot and Title Map

16 HARKNESS CLOSE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 16 HARKNESS 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 16 HARKNESS 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 16 HARKNESS CLOSE?

16 HARKNESS CLOSE is located in BLETCHLEY, in the MK2 postcode district. The below map shows the position of No. 16 on HARKNESS CLOSE.