8, CHESHIRE RISE, BLETCHLEY, MILTON KEYNES, MK3 7WF - £295,000

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

8 CHESHIRE RISE is a small detached house of 103m², built sometime between 2003 and 2006. It was last sold for £295,000 in September 2015, which was around 22% below the average September 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

8 CHESHIRE RISE Sold Prices

Land registry data shows three sales for 8 CHESHIRE RISE 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 8 CHESHIRE RISE 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 4 SEP	£295,000	£376,388	22% below HPI
2015 28 AUG	£280,000	£367,219	24% below HPI
2003 28 MAY	£195,950	£225,931	13% below HPI

8 CHESHIRE RISE 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 8 CHESHIRE RISE sales between May 2003 and September 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 August 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 8 CHESHIRE RISE?

8 CHESHIRE RISE is 103m² according to the EPC inspection conducted in April 2015. 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 8 CHESHIRE RISE lies on this distribution: 38% of detached houses are smaller than 8 CHESHIRE RISE, and 61% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

8 CHESHIRE RISE: Plot and Title Map

8 CHESHIRE RISE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 8 CHESHIRE RISE, 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 8 CHESHIRE RISE). 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 8 CHESHIRE RISE?

8 CHESHIRE RISE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 8 on CHESHIRE RISE.