2, CHESHIRE RISE, BLETCHLEY, MILTON KEYNES, MK3 7WF - £292,000

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.

2 CHESHIRE RISE is a large detached house of 134m², built sometime between 1996 and 2002, which could now be worth an estimated £582,868. It was last sold for £292,000 in November 2010, which was around 3% above the average November 2010 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

2 CHESHIRE RISE Sold Prices

Land registry data shows four sales for 2 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. Most of the four 2 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
2010 26 NOV	£292,000	£283,261	3% above HPI
2005 16 DEC	£250,000	£259,813	4% below HPI
2005 15 JUL	£250,000	£261,083	4% below HPI
2002 20 DEC	£212,000	£224,260	5% below HPI

2 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 2 CHESHIRE RISE sales between December 2002 and November 2010 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 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2010 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 2 CHESHIRE RISE be worth now?

2 CHESHIRE RISE might now be worth an estimated £582,868.

This is based on house price inflation of 99.6%, between November 2010 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 99.6% inflationary increase is applied to the most recent sale price for 2 CHESHIRE RISE of £292,000 on 26th November 2010. For the value to have increased from £292,000 to £582,868 over the fifteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 CHESHIRE RISE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The November 2010 sale price of £292,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESHIRE RISE has not materially changed since November 2010.

How Large is 2 CHESHIRE RISE?

2 CHESHIRE RISE is 134m² according to the EPC inspection conducted in July 2010. This puts it in the largest 30% 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 2 CHESHIRE RISE lies on this distribution: 72% of detached houses houses are smaller than 2 CHESHIRE RISE, and 28% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

2 CHESHIRE RISE: Plot and Title Map

2 CHESHIRE RISE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 2 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 2 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 2 CHESHIRE RISE?

2 CHESHIRE RISE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 2 on CHESHIRE RISE.