6, THE LAURELS, BLETCHLEY, MILTON KEYNES, MK1 1BL - £183,000

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

6 THE LAURELS is a midsized extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £183,000 in August 2009, which was around 28% below the average August 2009 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

6 THE LAURELS Sold Prices

Land registry data shows five sales for 6 THE LAURELS 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 6 THE LAURELS 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
2009 21 AUG	£183,000	£255,433	28% below HPI
2006 18 DEC	£214,995	£272,536	21% below HPI
2004 29 SEP	£194,000	£251,776	23% below HPI
2000 16 FEB	£106,000	£127,693	17% below HPI
1997 5 DEC	£80,000	£97,820	18% below HPI

6 THE LAURELS 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 6 THE LAURELS sales between December 1997 and August 2009 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 December 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2009 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 6 THE LAURELS?

6 THE LAURELS is 114m², which includes one extension, according to the EPC inspection conducted in May 2009. 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 6 THE LAURELS lies on this distribution: 52% of detached houses are smaller than 6 THE LAURELS, and 48% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

6 THE LAURELS: Plot and Title Map

6 THE LAURELS sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 6 THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

6 THE LAURELS is located in BLETCHLEY, in the MK1 postcode district. The below map shows the position of No. 6 on THE LAURELS.