5, BANBURIES CLOSE, BLETCHLEY, MILTON KEYNES, MK3 6JP - £360,000

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

5 BANBURIES CLOSE is a midsized extended detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £437,746. It was last sold for £360,000 in February 2021, which was around 23% below the average February 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

5 BANBURIES CLOSE Sold Prices

Land registry data shows four sales for 5 BANBURIES 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 5 BANBURIES 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
2021 12 FEB	£360,000	£465,002	23% below HPI
2015 30 APR	£265,000	£363,167	27% below HPI
2007 8 JUN	£230,000	£300,579	23% below HPI
2005 29 JUL	£203,000	£261,083	22% below HPI

5 BANBURIES 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 5 BANBURIES CLOSE sales between July 2005 and February 2021 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 April 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 5 BANBURIES CLOSE be worth now?

5 BANBURIES CLOSE might now be worth an estimated £437,746.

This is based on house price inflation of 21.6%, between February 2021 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 21.6% inflationary increase is applied to the most recent sale price for 5 BANBURIES CLOSE of £360,000 on 12th February 2021. For the value to have increased from £360,000 to £437,746 over the four years to February 2025, the following assumptions must hold true:

• The value of 5 BANBURIES CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The February 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BANBURIES CLOSE has not materially changed since February 2021.

How Large is 5 BANBURIES CLOSE?

5 BANBURIES CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 50% 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 5 BANBURIES CLOSE lies on this distribution: 43% of detached houses houses are smaller than 5 BANBURIES CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

5 BANBURIES CLOSE: Plot and Title Map

5 BANBURIES CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 5 BANBURIES 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 5 BANBURIES 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 5 BANBURIES CLOSE?

5 BANBURIES CLOSE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 5 on BANBURIES CLOSE.