25, PENN ROAD, BLETCHLEY, MILTON KEYNES, MK2 2AU - £200,000

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.

25 PENN ROAD is a small extended detached house of 92m², built sometime between 1991 and 1995, which could now be worth an estimated £440,157. It was last sold for £200,000 in February 2005, which was around 22% below the average February 2005 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

25 PENN ROAD Sold Prices

Land registry data shows three sales for 25 PENN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 25 PENN ROAD 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
2005 18 FEB	£200,000	£256,919	22% below HPI
2002 27 MAY	£135,000	£187,387	28% below HPI
2000 15 MAR	£106,500	£134,190	21% below HPI

25 PENN ROAD 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 three 25 PENN ROAD sales between March 2000 and February 2005 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 May 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2005 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 25 PENN ROAD be worth now?

25 PENN ROAD might now be worth an estimated £440,157.

This is based on house price inflation of 120.1%, between February 2005 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 120.1% inflationary increase is applied to the most recent sale price for 25 PENN ROAD of £200,000 on 18th February 2005. For the value to have increased from £200,000 to £440,157 over the twenty years to February 2025, the following assumptions must hold true:

• The value of 25 PENN ROAD has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The February 2005 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 25 PENN ROAD has not materially changed since February 2005.

How Large is 25 PENN ROAD?

25 PENN ROAD is 92m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 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 25 PENN ROAD lies on this distribution: 25% of detached houses houses are smaller than 25 PENN ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

25 PENN ROAD: Plot and Title Map

25 PENN ROAD sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 25 PENN ROAD, 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 25 PENN ROAD). 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 25 PENN ROAD?

25 PENN ROAD is located in BLETCHLEY, in the MK2 postcode district. The below map shows the position of No. 25 on PENN ROAD.