48, CHEPSTOW DRIVE, BLETCHLEY, MILTON KEYNES, MK3 5NB - £205,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

48 CHEPSTOW DRIVE is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £205,000 in September 2007, which was around 32% below the average September 2007 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

48 CHEPSTOW DRIVE Sold Prices

Land registry data shows two sales for 48 CHEPSTOW DRIVE 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 48 CHEPSTOW DRIVE 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
2007 25 SEP	£205,000	£301,908	32% below HPI
2002 22 MAY	£133,950	£181,287	26% below HPI

48 CHEPSTOW DRIVE 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 48 CHEPSTOW DRIVE sales from May 2002 and September 2007 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 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2007 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 48 CHEPSTOW DRIVE?

48 CHEPSTOW DRIVE is 69m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 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 48 CHEPSTOW DRIVE lies on this distribution: 6% of detached houses are smaller than 48 CHEPSTOW DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

48 CHEPSTOW DRIVE: Plot and Title Map

48 CHEPSTOW DRIVE sits on a plot of roughly 0.081 of an acre, or 330m². The below map shows the location of 48 CHEPSTOW 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 48 CHEPSTOW 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 48 CHEPSTOW DRIVE?

48 CHEPSTOW DRIVE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 48 on CHEPSTOW DRIVE.