21, LOTHIAN CLOSE, BLETCHLEY, MILTON KEYNES, MK3 7SH - £250,000

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

21 LOTHIAN CLOSE is a small detached house of 96m², built sometime between 1976 and 1982, which could now be worth an estimated £422,434. It was last sold for £250,000 in June 2014, which was around 25% below the average June 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2024, where the current energy rating was C, and the potential energy rating was B.

21 LOTHIAN CLOSE Sold Prices

Land registry data shows two sales for 21 LOTHIAN 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 21 LOTHIAN 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
2014 13 JUN	£250,000	£334,623	25% below HPI
2001 28 SEP	£126,500	£175,486	28% below HPI

21 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 two 21 LOTHIAN CLOSE sales from September 2001 and June 2014 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 September 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2014 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 21 LOTHIAN CLOSE be worth now?

21 LOTHIAN CLOSE might now be worth an estimated £422,434.

This is based on house price inflation of 69%, between June 2014 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 69% inflationary increase is applied to the most recent sale price for 21 LOTHIAN CLOSE of £250,000 on 13th June 2014. For the value to have increased from £250,000 to £422,434 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 21 LOTHIAN CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 21 LOTHIAN CLOSE has not materially changed since June 2014.

How Large is 21 LOTHIAN CLOSE?

21 LOTHIAN CLOSE is 96m² according to the EPC inspection conducted in October 2024. This puts it in the smallest 30% 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 21 LOTHIAN CLOSE lies on this distribution: 30% of detached houses houses are smaller than 21 LOTHIAN CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

21 LOTHIAN CLOSE: Plot and Title Map

21 LOTHIAN CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 21 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 21 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 21 LOTHIAN CLOSE?

21 LOTHIAN CLOSE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 21 on LOTHIAN CLOSE.