78, NORMANDY WAY, BLETCHLEY, MILTON KEYNES, MK3 7UW - £332,000

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

78 NORMANDY WAY is a large extended detached house of 129m², built sometime between 1976 and 1982. It was last sold for £332,000 in October 2015, which was around 13% below the average October 2015 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.

78 NORMANDY WAY Sold Prices

Land registry data shows four sales for 78 NORMANDY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 78 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
2015 9 OCT	£332,000	£380,182	13% below HPI
2007 1 MAR	£257,000	£275,041	7% below HPI
2004 22 OCT	£247,500	£252,459	2% below HPI
1996 2 SEP	£29,500	£86,933	66% below HPI

78 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 four 78 NORMANDY WAY sales between September 1996 and October 2015 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 March 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2015 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 78 NORMANDY WAY?

78 NORMANDY WAY is 129m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 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 78 NORMANDY WAY lies on this distribution: 69% of detached houses are smaller than 78 NORMANDY WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

78 NORMANDY WAY: Plot and Title Map

78 NORMANDY WAY sits on a plot of roughly 0.100 of an acre, or 407m². The below map shows the location of 78 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 78 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 78 NORMANDY WAY?

78 NORMANDY WAY is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 78 on NORMANDY WAY.