8, MALDIVES TERRACE, NEWTON LEYS, MILTON KEYNES, MK3 5GT - £375,000

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.

8 MALDIVES TERRACE is a small detached house of 100m², which could now be worth an estimated £466,059. It was last sold for £375,000 in November 2017, which was around 18% below the average November 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2013, where the current energy rating was B, and the potential energy rating was A.

8 MALDIVES TERRACE Sold Prices

Land registry data shows two sales for 8 MALDIVES TERRACE 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 8 MALDIVES TERRACE 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
2017 16 NOV	£375,000	£454,951	18% below HPI
2014 1 AUG	£260,000	£347,086	25% below HPI

8 MALDIVES TERRACE 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 8 MALDIVES TERRACE sales from August 2014 and November 2017 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 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 8 MALDIVES TERRACE be worth now?

8 MALDIVES TERRACE might now be worth an estimated £466,059.

This is based on house price inflation of 24.3%, between November 2017 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 24.3% inflationary increase is applied to the most recent sale price for 8 MALDIVES TERRACE of £375,000 on 16th November 2017. For the value to have increased from £375,000 to £466,059 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 MALDIVES TERRACE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The November 2017 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MALDIVES TERRACE has not materially changed since November 2017.

How Large is 8 MALDIVES TERRACE?

8 MALDIVES TERRACE is 100m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 40% 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 8 MALDIVES TERRACE lies on this distribution: 34% of detached houses houses are smaller than 8 MALDIVES TERRACE, and 65% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

8 MALDIVES TERRACE: Plot and Title Map

8 MALDIVES TERRACE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 8 MALDIVES TERRACE, 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 MALDIVES TERRACE). 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 MALDIVES TERRACE?

8 MALDIVES TERRACE is located in NEWTON LEYS, in the MK3 postcode district. The below map shows the position of No. 8 on MALDIVES TERRACE.