116, CHEPSTOW DRIVE, BLETCHLEY, MILTON KEYNES, MK3 5NQ - £260,000

116 CHEPSTOW DRIVE is a very small detached house of 51m², built sometime between 1983 and 1990. It was last sold for £260,000 in September 2017, which was around 40% below the average September 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

116 CHEPSTOW DRIVE Sold Prices

Land registry data shows two sales for 116 CHEPSTOW DRIVE 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 116 CHEPSTOW DRIVE 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
2017 22 SEP	£260,000	£433,212	40% below HPI
1995 14 JUL	£17,500	£84,740	79% below HPI

116 CHEPSTOW DRIVE 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 116 CHEPSTOW DRIVE sales from July 1995 and September 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 July 1995 sale was for 79% below the HPI. So the extrapolation line tracks at 79% below the HPI over time, until the September 2017 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 116 CHEPSTOW DRIVE?

116 CHEPSTOW DRIVE is 51m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 116 CHEPSTOW DRIVE lies on this distribution: 1% of detached houses are smaller than 116 CHEPSTOW DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

116 CHEPSTOW DRIVE: Plot and Title Map

116 CHEPSTOW DRIVE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 116 CHEPSTOW DRIVE, 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 116 CHEPSTOW DRIVE). 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 116 CHEPSTOW DRIVE?

116 CHEPSTOW DRIVE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 116 on CHEPSTOW DRIVE.