3, SOUTHLAND DRIVE, BLETCHLEY, MILTON KEYNES, MK2 3FE - £241,995

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 SOUTHLAND DRIVE is a very small semi-detached house of 53m², which could now be worth an estimated £324,936. It was last sold for £241,995 in March 2016, which was around 1% below the average March 2016 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

3 SOUTHLAND DRIVE Sold Prices

Land registry data shows two sales for 3 SOUTHLAND DRIVE 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. One of the two 3 SOUTHLAND DRIVE sales was for below the average price, whilst the other was 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
2016 31 MAR	£241,995	£244,996	1% below HPI
2007 13 NOV	£680,400	£186,922	264% above HPI

3 SOUTHLAND DRIVE 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 3 SOUTHLAND DRIVE sales from November 2007 and March 2016 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 November 2007 sale was for 264% above the HPI. So the extrapolation line tracks at 264% above the HPI over time, until the March 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 3 SOUTHLAND DRIVE be worth now?

3 SOUTHLAND DRIVE might now be worth an estimated £324,936.

This is based on house price inflation of 34.3%, between March 2016 and May 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 34.3% inflationary increase is applied to the most recent sale price for 3 SOUTHLAND DRIVE of £241,995 on 31st March 2016. For the value to have increased from £241,995 to £324,936 over the nine years and ten months to May 2026, the following assumptions must hold true:

• The value of 3 SOUTHLAND DRIVE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The March 2016 sale price of £241,995 represented a fair market value for the property.
• The size, condition, and specification of 3 SOUTHLAND DRIVE has not materially changed since March 2016.

How Large is 3 SOUTHLAND DRIVE?

3 SOUTHLAND DRIVE is 53m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% 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 3 SOUTHLAND DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 3 SOUTHLAND DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

3 SOUTHLAND DRIVE: Plot and Title Map

3 SOUTHLAND DRIVE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 3 SOUTHLAND 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 3 SOUTHLAND 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 3 SOUTHLAND DRIVE?

3 SOUTHLAND DRIVE is located in BLETCHLEY, in the MK2 postcode district. The below map shows the position of No. 3 on SOUTHLAND DRIVE.