5, TWEED DRIVE, BLETCHLEY, MILTON KEYNES, MK3 7QR - £290,000

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 TWEED DRIVE is a midsized detached house of 119m², built sometime between 1976 and 1982. It was last sold for £290,000 in June 2014, which was around 10% below the average June 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

5 TWEED DRIVE Sold Prices

Land registry data shows two sales for 5 TWEED 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 5 TWEED 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
2014 20 JUN	£290,000	£323,731	10% below HPI
2005 24 MAR	£238,000	£250,220	5% below HPI

5 TWEED 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 5 TWEED DRIVE sales from March 2005 and June 2014 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 March 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 5 TWEED DRIVE?

5 TWEED DRIVE is 119m² according to the EPC inspection conducted in November 2013. 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 TWEED DRIVE lies on this distribution: 57% of detached houses are smaller than 5 TWEED DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

5 TWEED DRIVE: Plot and Title Map

5 TWEED DRIVE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 5 TWEED 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 5 TWEED 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 5 TWEED DRIVE?

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