5, SPENLOWS ROAD, BLETCHLEY, MILTON KEYNES, MK3 6JT - £280,000

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 SPENLOWS ROAD is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £280,000 in June 2020, which was around 34% below the average June 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

5 SPENLOWS ROAD Sold Prices

Land registry data shows four sales for 5 SPENLOWS ROAD 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 SPENLOWS ROAD 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
2020 5 JUN	£280,000	£423,780	34% below HPI
2011 25 NOV	£195,000	£281,741	31% below HPI
2007 12 NOV	£205,000	£306,776	33% below HPI
2004 14 DEC	£183,000	£254,350	28% below HPI

5 SPENLOWS ROAD 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 SPENLOWS ROAD sales between December 2004 and June 2020 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 November 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 5 SPENLOWS ROAD?

5 SPENLOWS ROAD is 68m² according to the EPC inspection conducted in May 2011. 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 5 SPENLOWS ROAD lies on this distribution: 6% of detached houses are smaller than 5 SPENLOWS ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

5 SPENLOWS ROAD: Plot and Title Map

5 SPENLOWS ROAD sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 5 SPENLOWS ROAD, 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 SPENLOWS ROAD). 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 SPENLOWS ROAD?

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