3, SIMPSON ROAD, BLETCHLEY, MILTON KEYNES, MK2 2DE - £190,000

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 SIMPSON ROAD is a very small terraced house of 59m², built sometime before 1900, which could now be worth an estimated £233,106. It was last sold for £190,000 in August 2018, which was around 14% below the average August 2018 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

3 SIMPSON ROAD Sold Prices

Land registry data shows two sales for 3 SIMPSON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. One of the two 3 SIMPSON ROAD sales was for below the average price, whilst the other was 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 15 AUG	£190,000	£221,609	14% below HPI
1999 15 FEB	£60,000	£49,448	21% above HPI

3 SIMPSON ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 3 SIMPSON ROAD sales from February 1999 and August 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 1999 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 3 SIMPSON ROAD be worth now?

3 SIMPSON ROAD might now be worth an estimated £233,106.

This is based on house price inflation of 22.7%, between August 2018 and June 2025, for terraced 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 22.7% inflationary increase is applied to the most recent sale price for 3 SIMPSON ROAD of £190,000 on 15th August 2018. For the value to have increased from £190,000 to £233,106 over the seven years and two months to June 2025, the following assumptions must hold true:

• The value of 3 SIMPSON ROAD has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The August 2018 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SIMPSON ROAD has not materially changed since August 2018.

How Large is 3 SIMPSON ROAD?

3 SIMPSON ROAD is 59m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of terraced houses houses in Bletchley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bletchley, and where 3 SIMPSON ROAD lies on this distribution: 2% of terraced houses houses are smaller than 3 SIMPSON ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

3 SIMPSON ROAD: Plot and Title Map

3 SIMPSON ROAD sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 3 SIMPSON 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 3 SIMPSON 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 3 SIMPSON ROAD?

3 SIMPSON ROAD is located in BLETCHLEY, in the MK2 postcode district. The below map shows the position of No. 3 on SIMPSON ROAD.