40, FORTESCUE DRIVE, SHENLEY CHURCH END, MILTON KEYNES, MK5 6AU - £265,000

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.

40 FORTESCUE DRIVE is a very small semi-detached house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £342,084. It was last sold for £265,000 in July 2020, which was around 2% above the average July 2020 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

40 FORTESCUE DRIVE Sold Prices

Land registry data shows two sales for 40 FORTESCUE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 40 FORTESCUE DRIVE 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
2020 8 JUL	£265,000	£260,865	2% above HPI
2012 16 MAR	£170,000	£167,187	2% above HPI

40 FORTESCUE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 40 FORTESCUE DRIVE sales from March 2012 and July 2020 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 March 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2020 sale, which was also at 2% above the HPI.

What might 40 FORTESCUE DRIVE be worth now?

40 FORTESCUE DRIVE might now be worth an estimated £342,084.

This is based on house price inflation of 29.1%, between July 2020 and February 2025, for semi-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 29.1% inflationary increase is applied to the most recent sale price for 40 FORTESCUE DRIVE of £265,000 on 8th July 2020. For the value to have increased from £265,000 to £342,084 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 40 FORTESCUE DRIVE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The July 2020 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 40 FORTESCUE DRIVE has not materially changed since July 2020.

How Large is 40 FORTESCUE DRIVE?

40 FORTESCUE DRIVE is 63m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 40 FORTESCUE DRIVE lies on this distribution: 3% of semi-detached houses houses are smaller than 40 FORTESCUE DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

40 FORTESCUE DRIVE: Plot and Title Map

40 FORTESCUE DRIVE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 40 FORTESCUE DRIVE, 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 40 FORTESCUE DRIVE). 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 40 FORTESCUE DRIVE?

40 FORTESCUE DRIVE is located in SHENLEY CHURCH END, in the MK5 postcode district. The below map shows the position of No. 40 on FORTESCUE DRIVE.