29, RICKLEY LANE, BLETCHLEY, MILTON KEYNES, MK3 6BS - £244,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

29 RICKLEY LANE is a small extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £244,000 in December 2013, which was around 18% below the average December 2013 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

29 RICKLEY LANE Sold Prices

Land registry data shows two sales for 29 RICKLEY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 29 RICKLEY LANE 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
2013 5 DEC	£244,000	£296,860	18% below HPI
2008 25 JAN	£225,000	£298,417	25% below HPI

29 RICKLEY LANE 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 two 29 RICKLEY LANE sales from January 2008 and December 2013 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 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2013 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 29 RICKLEY LANE?

29 RICKLEY LANE is 102m², which includes one extension, according to the EPC inspection conducted in February 2014. 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 29 RICKLEY LANE lies on this distribution: 37% of detached houses are smaller than 29 RICKLEY LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

29 RICKLEY LANE: Plot and Title Map

29 RICKLEY LANE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 29 RICKLEY LANE, 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 29 RICKLEY LANE). 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 29 RICKLEY LANE?

29 RICKLEY LANE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 29 on RICKLEY LANE.