94, SEVERN WAY, BLETCHLEY, MILTON KEYNES, MK3 7QD - £290,000

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

94 SEVERN WAY is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £290,000 in January 2017, which was around 31% below the average January 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

94 SEVERN WAY Sold Prices

Land registry data shows two sales for 94 SEVERN WAY 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. One of the two 94 SEVERN WAY sales was for below the average price, whilst the other was for above 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 6 JAN	£290,000	£419,366	31% below HPI
1998 24 SEP	£250,000	£106,100	136% above HPI

94 SEVERN 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 two 94 SEVERN WAY sales from September 1998 and January 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 September 1998 sale was for 136% above the HPI. So the extrapolation line tracks at 136% above the HPI over time, until the January 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 94 SEVERN WAY?

94 SEVERN WAY is 75m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 94 SEVERN WAY lies on this distribution: 11% of detached houses are smaller than 94 SEVERN WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

94 SEVERN WAY: Plot and Title Map

94 SEVERN WAY sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 94 SEVERN 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 94 SEVERN 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 94 SEVERN WAY?

94 SEVERN WAY is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 94 on SEVERN WAY.