48, DOWNING CLOSE, BLETCHLEY, MILTON KEYNES, MK3 6EP - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 DOWNING CLOSE is a large detached house of 134m², built sometime between 2003 and 2006, which could now be worth an estimated £498,539. It was last sold for £390,000 in April 2017, which was around 12% below the average April 2017 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.

48 DOWNING CLOSE Sold Prices

Land registry data shows three sales for 48 DOWNING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Two of the three 48 DOWNING CLOSE sales were for below the average price, whilst one was 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
2017 18 APR	£390,000	£442,323	12% below HPI
2014 26 SEP	£310,000	£348,256	11% below HPI
2006 30 JUN	£290,000	£265,247	9% above HPI

48 DOWNING 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 three 48 DOWNING CLOSE sales between June 2006 and April 2017 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 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2017 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 48 DOWNING CLOSE be worth now?

48 DOWNING CLOSE might now be worth an estimated £498,539.

This is based on house price inflation of 27.8%, between April 2017 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 27.8% inflationary increase is applied to the most recent sale price for 48 DOWNING CLOSE of £390,000 on 18th April 2017. For the value to have increased from £390,000 to £498,539 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of 48 DOWNING CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The April 2017 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 48 DOWNING CLOSE has not materially changed since April 2017.

How Large is 48 DOWNING CLOSE?

48 DOWNING CLOSE is 134m² according to the EPC inspection conducted in October 2024. This puts it in the largest 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 48 DOWNING CLOSE lies on this distribution: 72% of detached houses houses are smaller than 48 DOWNING CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

48 DOWNING CLOSE: Plot and Title Map

48 DOWNING CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 48 DOWNING 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 48 DOWNING 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 48 DOWNING CLOSE?

48 DOWNING CLOSE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 48 on DOWNING CLOSE.