3, COLOSSUS WAY, BLETCHLEY, MILTON KEYNES, MK3 6GU - £400,000

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.

3 COLOSSUS WAY is a midsized extended terraced house of 120m², built sometime between 2007 and 2011, which could now be worth an estimated £437,414. It was last sold for £400,000 in March 2022, which was around 62% above the average March 2022 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

3 COLOSSUS WAY Sold Prices

Land registry data shows four sales for 3 COLOSSUS WAY 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. All of the four 3 COLOSSUS 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
2022 25 MAR	£400,000	£247,584	62% above HPI
2015 10 JUL	£282,000	£182,326	55% above HPI
2009 21 AUG	£220,000	£131,700	67% above HPI
2007 8 JUN	£240,000	£153,826	56% above HPI

3 COLOSSUS WAY 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 3 COLOSSUS WAY sales between June 2007 and March 2022 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 July 2015 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the March 2022 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 3 COLOSSUS WAY be worth now?

3 COLOSSUS WAY might now be worth an estimated £437,414.

This is based on house price inflation of 9.4%, between March 2022 and March 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 9.4% inflationary increase is applied to the most recent sale price for 3 COLOSSUS WAY of £400,000 on 25th March 2022. For the value to have increased from £400,000 to £437,414 over the four years to March 2026, the following assumptions must hold true:

• The value of 3 COLOSSUS WAY has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The March 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 3 COLOSSUS WAY has not materially changed since March 2022.

How Large is 3 COLOSSUS WAY?

3 COLOSSUS WAY is 120m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 50% 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 3 COLOSSUS WAY lies on this distribution: 57% of terraced houses houses are smaller than 3 COLOSSUS WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

3 COLOSSUS WAY: Plot and Title Map

3 COLOSSUS WAY sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 3 COLOSSUS 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 3 COLOSSUS 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 3 COLOSSUS WAY?

3 COLOSSUS WAY is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 3 on COLOSSUS WAY.