5, CORK PLACE, BLETCHLEY, MILTON KEYNES, MK3 7WH - £350,000

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

5 CORK PLACE is a small detached house of 101m², built sometime between 1996 and 2002. It was last sold for £350,000 in July 2019, which was around 20% below the average July 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

5 CORK PLACE Sold Prices

Land registry data shows four sales for 5 CORK PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 5 CORK PLACE 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
2019 11 JUL	£350,000	£435,413	20% below HPI
2015 18 SEP	£330,000	£376,388	12% below HPI
2006 1 DEC	£248,000	£272,536	9% below HPI
2001 31 OCT	£154,950	£169,972	9% below HPI

5 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 four 5 CORK PLACE sales between October 2001 and July 2019 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 September 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 5 CORK PLACE?

5 CORK PLACE is 101m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 40% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 5 CORK PLACE lies on this distribution: 35% of detached houses are smaller than 5 CORK PLACE, and 64% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

5 CORK PLACE: Plot and Title Map

5 CORK PLACE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 5 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 5 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 5 CORK PLACE?

5 CORK PLACE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 5 on CORK PLACE.