3, HOWE MEWS, NEWTON LEYS, MILTON KEYNES, MK3 5QL - £350,000

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 HOWE MEWS is a midsized detached house of 122m², which could now be worth an estimated £405,365. It was last sold for £350,000 in January 2020, which was around 52% below the average January 2020 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was A.

3 HOWE MEWS Sold Prices

Land registry data shows two sales for 3 HOWE MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. Both of the two 3 HOWE MEWS sales were for below 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
2020 17 JAN	£350,000	£730,618	52% below HPI
2016 18 MAR	£324,995	£684,968	53% below HPI

3 HOWE MEWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The two 3 HOWE MEWS sales from March 2016 and January 2020 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 2016 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the January 2020 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 3 HOWE MEWS be worth now?

3 HOWE MEWS might now be worth an estimated £405,365.

This is based on house price inflation of 15.8%, between January 2020 and February 2025, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.8% inflationary increase is applied to the most recent sale price for 3 HOWE MEWS of £350,000 on 17th January 2020. For the value to have increased from £350,000 to £405,365 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 HOWE MEWS has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The January 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HOWE MEWS has not materially changed since January 2020.

How Large is 3 HOWE MEWS?

3 HOWE MEWS is 122m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bletchley, and where 3 HOWE MEWS lies on this distribution: 60% of detached houses houses are smaller than 3 HOWE MEWS, and 39% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

3 HOWE MEWS: Plot and Title Map

3 HOWE MEWS sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 3 HOWE MEWS, 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 HOWE MEWS). 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 HOWE MEWS?

3 HOWE MEWS is located in NEWTON LEYS, in the MK3 postcode district. The below map shows the position of No. 3 on HOWE MEWS.