22, CHESTNUT CRESCENT, BLETCHLEY, MILTON KEYNES, MK2 2LA - £284,000

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.

22 CHESTNUT CRESCENT is a very small semi-detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £355,706. It was last sold for £284,000 in December 2018, which was around 9% above the average December 2018 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

22 CHESTNUT CRESCENT Sold Prices

Land registry data shows three sales for 22 CHESTNUT CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 22 CHESTNUT CRESCENT 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
2018 14 DEC	£284,000	£261,266	9% above HPI
2017 21 FEB	£270,000	£252,841	7% above HPI
2003 21 NOV	£143,000	£138,572	3% above HPI

22 CHESTNUT CRESCENT 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 three 22 CHESTNUT CRESCENT sales between November 2003 and December 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 February 2017 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2018 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 22 CHESTNUT CRESCENT be worth now?

22 CHESTNUT CRESCENT might now be worth an estimated £355,706.

This is based on house price inflation of 25.2%, between December 2018 and March 2026, 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 25.2% inflationary increase is applied to the most recent sale price for 22 CHESTNUT CRESCENT of £284,000 on 14th December 2018. For the value to have increased from £284,000 to £355,706 over the eight years and nine months to March 2026, the following assumptions must hold true:

• The value of 22 CHESTNUT CRESCENT has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The December 2018 sale price of £284,000 represented a fair market value for the property.
• The size, condition, and specification of 22 CHESTNUT CRESCENT has not materially changed since December 2018.

How Large is 22 CHESTNUT CRESCENT?

22 CHESTNUT CRESCENT is 86m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% 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 22 CHESTNUT CRESCENT lies on this distribution: 20% of semi-detached houses houses are smaller than 22 CHESTNUT CRESCENT, and 80% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

22 CHESTNUT CRESCENT: Plot and Title Map

22 CHESTNUT CRESCENT sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 22 CHESTNUT CRESCENT, 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 22 CHESTNUT CRESCENT). 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 22 CHESTNUT CRESCENT?

22 CHESTNUT CRESCENT is located in BLETCHLEY, in the MK2 postcode district. The below map shows the position of No. 22 on CHESTNUT CRESCENT.