2, ARUBA CLOSE, NEWTON LEYS, MILTON KEYNES, MK3 5GD - £455,000

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

2 ARUBA CLOSE is a very large detached house of 147m². It was last sold for £455,000 in March 2019, which was around 7% above the average March 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2012, where the current energy rating was B, and the potential energy rating was B.

2 ARUBA CLOSE Sold Prices

Land registry data shows two sales for 2 ARUBA 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 2 ARUBA CLOSE sales were for above 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
2019 22 MAR	£455,000	£424,286	7% above HPI
2012 14 DEC	£290,000	£281,465	3% above HPI

2 ARUBA 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 2 ARUBA CLOSE sales from December 2012 and March 2019 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 March 2019 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 2 ARUBA CLOSE?

2 ARUBA CLOSE is 147m² according to the EPC inspection conducted in May 2012. 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 2 ARUBA CLOSE lies on this distribution: 83% of detached houses are smaller than 2 ARUBA CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

2 ARUBA CLOSE: Plot and Title Map

2 ARUBA CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 2 ARUBA 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 2 ARUBA 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 2 ARUBA CLOSE?

2 ARUBA CLOSE is located in NEWTON LEYS, in the MK3 postcode district. The below map shows the position of No. 2 on ARUBA CLOSE.