5, LARNER CLOSE, NEWTON LEYS, MILTON KEYNES, MK3 5QQ - £430,000

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.

5 LARNER CLOSE is a midsized detached house of 122m², which could now be worth an estimated £492,954. It was last sold for £430,000 in June 2018, which was around 42% below the average June 2018 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was A.

5 LARNER CLOSE Sold Prices

Land registry data shows two sales for 5 LARNER 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 Buckinghamshire local authority area for the corresponding sale date. Both of the two 5 LARNER 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
2018 26 JUN	£430,000	£738,126	42% below HPI
2015 25 SEP	£359,995	£652,787	45% below HPI

5 LARNER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The two 5 LARNER CLOSE sales from September 2015 and June 2018 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 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2018 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 5 LARNER CLOSE be worth now?

5 LARNER CLOSE might now be worth an estimated £492,954.

This is based on house price inflation of 14.6%, between June 2018 and February 2025, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.6% inflationary increase is applied to the most recent sale price for 5 LARNER CLOSE of £430,000 on 26th June 2018. For the value to have increased from £430,000 to £492,954 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 5 LARNER CLOSE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The June 2018 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LARNER CLOSE has not materially changed since June 2018.

How Large is 5 LARNER CLOSE?

5 LARNER CLOSE is 122m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% 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 LARNER CLOSE lies on this distribution: 60% of detached houses houses are smaller than 5 LARNER CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

5 LARNER CLOSE: Plot and Title Map

5 LARNER CLOSE sits on a plot of roughly 33.3 acres, or 134,656m². The below map shows the location of 5 LARNER 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 LARNER 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 LARNER CLOSE?

5 LARNER CLOSE is located in NEWTON LEYS, in the MK3 postcode district. The below map shows the position of No. 5 on LARNER CLOSE.