5, HAMILTON LANE, BLETCHLEY, MILTON KEYNES, MK3 5LU - £365,000

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.

5 HAMILTON LANE is a small detached house of 99m², built sometime between 1983 and 1990, which could now be worth an estimated £388,556. It was last sold for £365,000 in November 2023, which was around 31% below the average November 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

5 HAMILTON LANE Sold Prices

Land registry data shows two sales for 5 HAMILTON 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. Both of the two 5 HAMILTON LANE 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
2023 30 NOV	£365,000	£531,145	31% below HPI
2021 8 DEC	£425,000	£499,376	15% below HPI

5 HAMILTON 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 5 HAMILTON LANE sales from December 2021 and November 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 December 2021 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 5 HAMILTON LANE be worth now?

5 HAMILTON LANE might now be worth an estimated £388,556.

This is based on house price inflation of 6.5%, between November 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 6.5% inflationary increase is applied to the most recent sale price for 5 HAMILTON LANE of £365,000 on 30th November 2023. For the value to have increased from £365,000 to £388,556 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 HAMILTON LANE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The November 2023 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HAMILTON LANE has not materially changed since November 2023.

How Large is 5 HAMILTON LANE?

5 HAMILTON LANE is 99m² according to the EPC inspection conducted in February 2018. 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 5 HAMILTON LANE lies on this distribution: 33% of detached houses houses are smaller than 5 HAMILTON LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

5 HAMILTON LANE: Plot and Title Map

5 HAMILTON LANE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 5 HAMILTON 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 5 HAMILTON 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 5 HAMILTON LANE?

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