55, NORMANDY WAY, BLETCHLEY, MILTON KEYNES, MK3 7UW - £378,000

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

55 NORMANDY WAY is a small detached house of 98m², built sometime between 1983 and 1990. It was last sold for £378,000 in August 2018, which was around 15% below the average August 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

55 NORMANDY WAY Sold Prices

Land registry data shows three sales for 55 NORMANDY WAY 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 55 NORMANDY 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
2018 10 AUG	£378,000	£444,215	15% below HPI
2005 22 AUG	£214,000	£250,576	15% below HPI
1995 24 NOV	£80,000	£83,030	4% below HPI

55 NORMANDY 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 three 55 NORMANDY WAY sales between November 1995 and August 2018 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 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2018 sale, which was also at 15% below the HPI.

How Large is 55 NORMANDY WAY?

55 NORMANDY WAY is 98m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 55 NORMANDY WAY lies on this distribution: 32% of detached houses are smaller than 55 NORMANDY WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

55 NORMANDY WAY: Plot and Title Map

55 NORMANDY WAY sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 55 NORMANDY 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 55 NORMANDY 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 55 NORMANDY WAY?

55 NORMANDY WAY is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 55 on NORMANDY WAY.