18, WYE CLOSE, BLETCHLEY, MILTON KEYNES, MK3 7PJ - £365,000

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

18 WYE CLOSE is a very small detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £382,804. It was last sold for £365,000 in September 2022, which was around 32% below the average September 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

18 WYE CLOSE Sold Prices

Land registry data shows four sales for 18 WYE 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. All of the four 18 WYE 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
2022 14 SEP	£365,000	£539,127	32% below HPI
2019 18 AUG	£285,000	£445,989	36% below HPI
2017 1 MAR	£290,000	£443,182	35% below HPI
2014 29 JUL	£235,000	£341,288	31% below HPI

18 WYE 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 18 WYE CLOSE sales between July 2014 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 August 2019 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 18 WYE CLOSE be worth now?

18 WYE CLOSE might now be worth an estimated £382,804.

This is based on house price inflation of 4.9%, between September 2022 and February 2025, for 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 4.9% inflationary increase is applied to the most recent sale price for 18 WYE CLOSE of £365,000 on 14th September 2022. For the value to have increased from £365,000 to £382,804 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 18 WYE CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The September 2022 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 18 WYE CLOSE has not materially changed since September 2022.

How Large is 18 WYE CLOSE?

18 WYE CLOSE is 74m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bletchley, and where 18 WYE CLOSE lies on this distribution: 10% of detached houses houses are smaller than 18 WYE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

18 WYE CLOSE: Plot and Title Map

18 WYE CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 18 WYE 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 18 WYE 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 18 WYE CLOSE?

18 WYE CLOSE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 18 on WYE CLOSE.