16, CHESHIRE RISE, BLETCHLEY, MILTON KEYNES, MK3 7WF - £322,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 CHESHIRE RISE is a small detached house of 97m², built sometime between 2003 and 2006. It was last sold for £322,500 in June 2019, which was around 24% below the average June 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

16 CHESHIRE RISE Sold Prices

Land registry data shows four sales for 16 CHESHIRE RISE 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 16 CHESHIRE RISE 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
2019 10 JUN	£322,500	£425,795	24% below HPI
2010 21 JAN	£222,000	£262,020	15% below HPI
2006 29 JUN	£215,000	£256,612	16% below HPI
2003 31 JUL	£188,950	£224,157	16% below HPI

16 CHESHIRE RISE 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 16 CHESHIRE RISE sales between July 2003 and June 2019 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 January 2010 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 16 CHESHIRE RISE?

16 CHESHIRE RISE is 97m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 16 CHESHIRE RISE lies on this distribution: 31% of detached houses are smaller than 16 CHESHIRE RISE, and 69% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

16 CHESHIRE RISE: Plot and Title Map

16 CHESHIRE RISE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 16 CHESHIRE RISE, 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 16 CHESHIRE RISE). 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 16 CHESHIRE RISE?

16 CHESHIRE RISE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 16 on CHESHIRE RISE.