6, SHETLAND MEADOWS, NEWTON LEYS, MILTON KEYNES, MK3 5GJ - £398,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 SHETLAND MEADOWS is a midsized detached house of 120m², built sometime from 2012 onwards, which could now be worth an estimated £410,488. It was last sold for £398,000 in November 2024, which was around 27% below the average November 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

6 SHETLAND MEADOWS Sold Prices

Land registry data shows two sales for 6 SHETLAND MEADOWS 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 6 SHETLAND MEADOWS 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
2024 29 NOV	£398,000	£548,223	27% below HPI
2014 14 FEB	£243,000	£311,405	22% below HPI

6 SHETLAND MEADOWS 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 6 SHETLAND MEADOWS sales from February 2014 and November 2024 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 February 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 6 SHETLAND MEADOWS be worth now?

6 SHETLAND MEADOWS might now be worth an estimated £410,488.

This is based on house price inflation of 3.1%, between November 2024 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.1% inflationary increase is applied to the most recent sale price for 6 SHETLAND MEADOWS of £398,000 on 29th November 2024. For the value to have increased from £398,000 to £410,488 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 6 SHETLAND MEADOWS has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The November 2024 sale price of £398,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SHETLAND MEADOWS has not materially changed since November 2024.

How Large is 6 SHETLAND MEADOWS?

6 SHETLAND MEADOWS is 120m² according to the EPC inspection conducted in August 2024. This puts it in the largest 50% of detached houses houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bletchley, and where 6 SHETLAND MEADOWS lies on this distribution: 58% of detached houses houses are smaller than 6 SHETLAND MEADOWS, and 41% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

6 SHETLAND MEADOWS: Plot and Title Map

6 SHETLAND MEADOWS sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 6 SHETLAND MEADOWS, 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 6 SHETLAND MEADOWS). 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 6 SHETLAND MEADOWS?

6 SHETLAND MEADOWS is located in NEWTON LEYS, in the MK3 postcode district. The below map shows the position of No. 6 on SHETLAND MEADOWS.