12, FONTWELL DRIVE, BLETCHLEY, MILTON KEYNES, MK3 5LR - £242,500

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.

12 FONTWELL DRIVE is a very small extended terraced house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £300,434. It was last sold for £242,500 in April 2018, which was around 11% above the average April 2018 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

12 FONTWELL DRIVE Sold Prices

Land registry data shows four sales for 12 FONTWELL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. The four 12 FONTWELL DRIVE sales were a mix of above the average price, and roughly equal to 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
2018 26 APR	£242,500	£218,716	11% above HPI
2001 11 MAY	£76,000	£68,881	10% above HPI
1999 12 FEB	£55,500	£49,448	12% above HPI
1997 19 MAY	£42,000	£42,144	Close to HPI

12 FONTWELL DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 12 FONTWELL DRIVE sales between May 1997 and April 2018 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 May 2001 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2018 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 12 FONTWELL DRIVE be worth now?

12 FONTWELL DRIVE might now be worth an estimated £300,434.

This is based on house price inflation of 23.9%, between April 2018 and May 2026, for terraced 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 23.9% inflationary increase is applied to the most recent sale price for 12 FONTWELL DRIVE of £242,500 on 26th April 2018. For the value to have increased from £242,500 to £300,434 over the seven years and eleven months to May 2026, the following assumptions must hold true:

• The value of 12 FONTWELL DRIVE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The April 2018 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 12 FONTWELL DRIVE has not materially changed since April 2018.

How Large is 12 FONTWELL DRIVE?

12 FONTWELL DRIVE is 68m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of terraced houses houses in Bletchley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bletchley, and where 12 FONTWELL DRIVE lies on this distribution: 5% of terraced houses houses are smaller than 12 FONTWELL DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

12 FONTWELL DRIVE: Plot and Title Map

12 FONTWELL DRIVE sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 12 FONTWELL DRIVE, 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 12 FONTWELL DRIVE). 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 12 FONTWELL DRIVE?

12 FONTWELL DRIVE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 12 on FONTWELL DRIVE.