13, BUTE BRAE, BLETCHLEY, MILTON KEYNES, MK3 7TA - £300,000

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.

13 BUTE BRAE is a very small detached house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £319,361. It was last sold for £300,000 in November 2023, which was around 44% below the average November 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

13 BUTE BRAE Sold Prices

Land registry data shows two sales for 13 BUTE BRAE 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 13 BUTE BRAE 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
2023 30 NOV	£300,000	£531,145	44% below HPI
2000 15 AUG	£86,500	£148,602	42% below HPI

13 BUTE BRAE 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 13 BUTE BRAE sales from August 2000 and November 2023 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 August 2000 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2023 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 13 BUTE BRAE be worth now?

13 BUTE BRAE might now be worth an estimated £319,361.

This is based on house price inflation of 6.5%, between November 2023 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 6.5% inflationary increase is applied to the most recent sale price for 13 BUTE BRAE of £300,000 on 30th November 2023. For the value to have increased from £300,000 to £319,361 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 13 BUTE BRAE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The November 2023 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 13 BUTE BRAE has not materially changed since November 2023.

How Large is 13 BUTE BRAE?

13 BUTE BRAE is 66m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% 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 13 BUTE BRAE lies on this distribution: 5% of detached houses houses are smaller than 13 BUTE BRAE, and 95% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

13 BUTE BRAE: Plot and Title Map

13 BUTE BRAE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 13 BUTE BRAE, 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 13 BUTE BRAE). 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 13 BUTE BRAE?

13 BUTE BRAE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 13 on BUTE BRAE.