18, NORMANDY WAY, BLETCHLEY, MILTON KEYNES, MK3 7UN - £385,000

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

18 NORMANDY WAY is a midsized extended detached house of 112m², built sometime between 1983 and 1990. It was last sold for £385,000 in March 2016, which was around 5% below the average March 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

18 NORMANDY WAY Sold Prices

Land registry data shows four sales for 18 NORMANDY WAY 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 18 NORMANDY WAY 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
2016 4 MAR	£385,000	£407,266	5% below HPI
2006 7 APR	£250,000	£252,926	1% below HPI
2001 21 MAY	£120,000	£152,637	21% below HPI
2000 28 JAN	£120,000	£126,282	5% below HPI

18 NORMANDY WAY 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 18 NORMANDY WAY sales between January 2000 and March 2016 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 April 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2016 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 18 NORMANDY WAY?

18 NORMANDY WAY is 112m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 18 NORMANDY WAY lies on this distribution: 48% of detached houses are smaller than 18 NORMANDY WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

18 NORMANDY WAY: Plot and Title Map

18 NORMANDY WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 18 NORMANDY WAY, 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 18 NORMANDY WAY). 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 18 NORMANDY WAY?

18 NORMANDY WAY is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 18 on NORMANDY WAY.