3, CORK PLACE, BLETCHLEY, MILTON KEYNES, MK3 7WH - £540,000

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

3 CORK PLACE is a very large detached house of 187m², built sometime between 1996 and 2002. It was last sold for £540,000 in December 2018, which was around 25% above the average December 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

3 CORK PLACE Sold Prices

Land registry data shows six sales for 3 CORK PLACE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Most of the six 3 CORK PLACE sales were for above 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 7 DEC	£540,000	£433,718	25% above HPI
2017 23 JUN	£350,000	£426,407	18% below HPI
2010 1 APR	£347,500	£269,611	29% above HPI
2008 31 JAN	£347,500	£298,417	16% above HPI
2005 26 APR	£320,000	£250,951	28% above HPI
2001 20 DEC	£235,000	£173,206	36% above HPI

3 CORK PLACE 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 six 3 CORK PLACE sales between December 2001 and December 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 June 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2018 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 3 CORK PLACE?

3 CORK PLACE is 187m² according to the EPC inspection conducted in January 2010. This puts it in the largest 10% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 3 CORK PLACE lies on this distribution: 96% of detached houses are smaller than 3 CORK PLACE, and 4% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

3 CORK PLACE: Plot and Title Map

3 CORK PLACE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 3 CORK PLACE, 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 CORK PLACE). 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 CORK PLACE?

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