16, ARRAN WAY, NEWTON LEYS, MILTON KEYNES, MK3 5FF - £332,500

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.

16 ARRAN WAY is a midsized semi-detached house of 120m², which could now be worth an estimated £429,604. It was last sold for £332,500 in September 2017, which was around 28% above the average September 2017 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2012, where the current energy rating was B, and the potential energy rating was B.

16 ARRAN WAY Sold Prices

Land registry data shows two sales for 16 ARRAN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 16 ARRAN WAY sales were 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 8 SEP	£332,500	£260,631	28% above HPI
2012 30 MAR	£229,950	£167,187	38% above HPI

16 ARRAN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 16 ARRAN WAY sales from March 2012 and September 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 March 2012 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the September 2017 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 16 ARRAN WAY be worth now?

16 ARRAN WAY might now be worth an estimated £429,604.

This is based on house price inflation of 29.2%, between September 2017 and February 2025, for semi-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 29.2% inflationary increase is applied to the most recent sale price for 16 ARRAN WAY of £332,500 on 8th September 2017. For the value to have increased from £332,500 to £429,604 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 ARRAN WAY has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The September 2017 sale price of £332,500 represented a fair market value for the property.
• The size, condition, and specification of 16 ARRAN WAY has not materially changed since September 2017.

How Large is 16 ARRAN WAY?

16 ARRAN WAY is 120m² according to the EPC inspection conducted in February 2012. This puts it in the largest 50% of semi-detached houses houses in Bletchley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bletchley, and where 16 ARRAN WAY lies on this distribution: 59% of semi-detached houses houses are smaller than 16 ARRAN WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

16 ARRAN WAY: Plot and Title Map

16 ARRAN WAY sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 16 ARRAN 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 16 ARRAN 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 16 ARRAN WAY?

16 ARRAN WAY is located in NEWTON LEYS, in the MK3 postcode district. The below map shows the position of No. 16 on ARRAN WAY.