5, NORTH GATE, BLETCHLEY, MILTON KEYNES, MK2 2TJ - £417,000

5 NORTH GATE is a midsized detached house of 119m², built sometime between 1950 and 1966. It was last sold for £417,000 in May 2022, which was around 16% below the average May 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

5 NORTH GATE Sold Prices

Land registry data shows three sales for 5 NORTH GATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 5 NORTH GATE 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
2022 23 MAY	£417,000	£498,165	16% below HPI
2015 27 APR	£287,500	£351,345	18% below HPI
2004 16 JAN	£180,000	£240,869	25% below HPI

5 NORTH GATE 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 three 5 NORTH GATE sales between January 2004 and May 2022 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 April 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 NORTH GATE?

5 NORTH GATE is 119m² according to the EPC inspection conducted in October 2014. This puts it in the largest 50% 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 NORTH GATE lies on this distribution: 57% of detached houses are smaller than 5 NORTH GATE, and 42% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

5 NORTH GATE: Plot and Title Map

5 NORTH GATE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 5 NORTH GATE, 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 NORTH GATE). 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 NORTH GATE?

5 NORTH GATE is located in BLETCHLEY, in the MK2 postcode district. The below map shows the position of No. 5 on NORTH GATE.