3, ARCHERS WELLS, BLETCHLEY, MILTON KEYNES, MK3 6JG - £285,000

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.

3 ARCHERS WELLS is a very small extended detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £356,550. It was last sold for £285,000 in May 2018, which was around 37% below the average May 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

3 ARCHERS WELLS Sold Prices

Land registry data shows two sales for 3 ARCHERS WELLS 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 3 ARCHERS WELLS 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
2018 21 MAY	£285,000	£451,958	37% below HPI
2005 25 FEB	£166,500	£256,919	35% below HPI

3 ARCHERS WELLS 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 3 ARCHERS WELLS sales from February 2005 and May 2018 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 February 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2018 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 3 ARCHERS WELLS be worth now?

3 ARCHERS WELLS might now be worth an estimated £356,550.

This is based on house price inflation of 25.1%, between May 2018 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 25.1% inflationary increase is applied to the most recent sale price for 3 ARCHERS WELLS of £285,000 on 21st May 2018. For the value to have increased from £285,000 to £356,550 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 3 ARCHERS WELLS has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The May 2018 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ARCHERS WELLS has not materially changed since May 2018.

How Large is 3 ARCHERS WELLS?

3 ARCHERS WELLS is 71m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% 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 3 ARCHERS WELLS lies on this distribution: 8% of detached houses houses are smaller than 3 ARCHERS WELLS, and 92% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

3 ARCHERS WELLS: Plot and Title Map

3 ARCHERS WELLS sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 3 ARCHERS WELLS, 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 3 ARCHERS WELLS). 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 3 ARCHERS WELLS?

3 ARCHERS WELLS is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 3 on ARCHERS WELLS.