8, HOYLAKE CLOSE, BLETCHLEY, MILTON KEYNES, MK3 7RH - £325,000

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

8 HOYLAKE CLOSE is a small detached house of 102m², built sometime between 1976 and 1982, which could now be worth an estimated £341,817. It was last sold for £325,000 in June 2024, which was around 38% below the average June 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

8 HOYLAKE CLOSE Sold Prices

Land registry data shows two sales for 8 HOYLAKE 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 8 HOYLAKE 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
2024 12 JUN	£325,000	£522,348	38% below HPI
1996 5 DEC	£81,000	£91,955	12% below HPI

8 HOYLAKE 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 8 HOYLAKE CLOSE sales from December 1996 and June 2024 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 1996 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2024 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 8 HOYLAKE CLOSE be worth now?

8 HOYLAKE CLOSE might now be worth an estimated £341,817.

This is based on house price inflation of 5.2%, between June 2024 and December 2024, 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 5.2% inflationary increase is applied to the most recent sale price for 8 HOYLAKE CLOSE of £325,000 on 12th June 2024. For the value to have increased from £325,000 to £341,817 over the six months to December 2024, the following assumptions must hold true:

• The value of 8 HOYLAKE CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2024 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HOYLAKE CLOSE has not materially changed since June 2024.

How Large is 8 HOYLAKE CLOSE?

8 HOYLAKE CLOSE is 102m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 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 8 HOYLAKE CLOSE lies on this distribution: 37% of detached houses houses are smaller than 8 HOYLAKE CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

8 HOYLAKE CLOSE: Plot and Title Map

8 HOYLAKE CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 8 HOYLAKE 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 8 HOYLAKE 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 8 HOYLAKE CLOSE?

8 HOYLAKE CLOSE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 8 on HOYLAKE CLOSE.