50, MILL ROAD, BLETCHLEY, MILTON KEYNES, MK2 2LD - £272,500

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

50 MILL ROAD is a very small extended detached house of 74m², built sometime between 1983 and 1990. It was last sold for £272,500 in February 2016, which was around 32% below the average February 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

50 MILL ROAD Sold Prices

Land registry data shows five sales for 50 MILL ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 50 MILL 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
2016 24 FEB	£272,500	£397,934	32% below HPI
2007 17 OCT	£248,000	£309,178	20% below HPI
2002 22 NOV	£151,000	£212,453	29% below HPI
2000 19 MAY	£103,500	£136,050	24% below HPI
1997 27 MAR	£27,500	£87,083	68% below HPI

50 MILL 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 five 50 MILL ROAD sales between March 1997 and February 2016 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 October 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 50 MILL ROAD?

50 MILL ROAD is 74m², which includes one extension, according to the EPC inspection conducted in November 2015. 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 50 MILL ROAD lies on this distribution: 10% of detached houses are smaller than 50 MILL ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

50 MILL ROAD: Plot and Title Map

50 MILL ROAD sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 50 MILL 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 50 MILL 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 50 MILL ROAD?

50 MILL ROAD is located in BLETCHLEY, in the MK2 postcode district. The below map shows the position of No. 50 on MILL ROAD.