23, TOBAGO DRIVE, NEWTON LEYS, MILTON KEYNES, MK3 5FT - £427,000

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

23 TOBAGO DRIVE is a large detached house of 145m², built sometime between 2007 and 2011. It was last sold for £427,000 in May 2022, which was around 14% below the average May 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

23 TOBAGO DRIVE Sold Prices

Land registry data shows five sales for 23 TOBAGO DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 23 TOBAGO 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
2022 6 MAY	£427,000	£496,074	14% below HPI
2021 31 MAR	£350,000	£451,575	22% below HPI
2020 30 JUN	£267,000	£423,780	37% below HPI
2017 30 JUN	£320,000	£426,407	25% below HPI
2012 29 JUN	£225,000	£279,271	19% below HPI

23 TOBAGO 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 five 23 TOBAGO DRIVE sales between June 2012 and May 2022 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 March 2021 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 23 TOBAGO DRIVE?

23 TOBAGO DRIVE is 145m² according to the EPC inspection conducted in December 2021. This puts it in the largest 20% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 23 TOBAGO DRIVE lies on this distribution: 80% of detached houses are smaller than 23 TOBAGO DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

23 TOBAGO DRIVE: Plot and Title Map

23 TOBAGO DRIVE sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 23 TOBAGO 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 23 TOBAGO 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 23 TOBAGO DRIVE?

23 TOBAGO DRIVE is located in NEWTON LEYS, in the MK3 postcode district. The below map shows the position of No. 23 on TOBAGO DRIVE.