42, RICKLEY LANE, BLETCHLEY, MILTON KEYNES, MK3 6BT - £407,500

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.

42 RICKLEY LANE is a small extended detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £430,356. It was last sold for £407,500 in June 2023, which was around 24% below the average June 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

42 RICKLEY LANE Sold Prices

Land registry data shows two sales for 42 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. One of the two 42 RICKLEY LANE 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
2023 26 JUN	£407,500	£535,394	24% below HPI
2001 25 MAY	£165,000	£157,773	5% above HPI

42 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 42 RICKLEY LANE sales from May 2001 and June 2023 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 May 2001 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 42 RICKLEY LANE be worth now?

42 RICKLEY LANE might now be worth an estimated £430,356.

This is based on house price inflation of 5.6%, between June 2023 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 5.6% inflationary increase is applied to the most recent sale price for 42 RICKLEY LANE of £407,500 on 26th June 2023. For the value to have increased from £407,500 to £430,356 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 42 RICKLEY LANE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2023 sale price of £407,500 represented a fair market value for the property.
• The size, condition, and specification of 42 RICKLEY LANE has not materially changed since June 2023.

How Large is 42 RICKLEY LANE?

42 RICKLEY LANE is 103m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% 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 42 RICKLEY LANE lies on this distribution: 38% of detached houses houses are smaller than 42 RICKLEY LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

42 RICKLEY LANE: Plot and Title Map

42 RICKLEY LANE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 42 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 42 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 42 RICKLEY LANE?

42 RICKLEY LANE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 42 on RICKLEY LANE.