50, SEVERN WAY, BLETCHLEY, MILTON KEYNES, MK3 7QQ - £188,000

50 SEVERN WAY is a very small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £188,000 in May 2006, which was around 27% below the average May 2006 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

50 SEVERN WAY Sold Prices

Land registry data shows two sales for 50 SEVERN WAY 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 50 SEVERN WAY 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
2006 12 MAY	£188,000	£255,831	27% below HPI
1996 30 AUG	£59,000	£86,360	32% below HPI

50 SEVERN WAY 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 50 SEVERN WAY sales from August 1996 and May 2006 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 August 1996 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2006 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 50 SEVERN WAY?

50 SEVERN WAY is 84m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% 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 SEVERN WAY lies on this distribution: 18% of detached houses are smaller than 50 SEVERN WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

50 SEVERN WAY: Plot and Title Map

50 SEVERN WAY sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 50 SEVERN WAY, 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 SEVERN WAY). 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 SEVERN WAY?

50 SEVERN WAY is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 50 on SEVERN WAY.