3, VICTORY DRIVE, BROOKLANDS, MILTON KEYNES, MK10 7LF - £362,000

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 VICTORY DRIVE is a very small terraced house of 82m², built in 2017, which could now be worth an estimated £368,032. It was last sold for £362,000 in October 2022, which was around 36% above the average October 2022 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

3 VICTORY DRIVE Sold Prices

Land registry data shows two sales for 3 VICTORY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 3 VICTORY DRIVE 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 28 OCT	£362,000	£266,527	36% above HPI
2020 26 FEB	£334,995	£213,772	57% above HPI

3 VICTORY DRIVE 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 two 3 VICTORY DRIVE sales from February 2020 and October 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 February 2020 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the October 2022 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 3 VICTORY DRIVE be worth now?

3 VICTORY DRIVE might now be worth an estimated £368,032.

This is based on house price inflation of 1.7%, between October 2022 and May 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 1.7% inflationary increase is applied to the most recent sale price for 3 VICTORY DRIVE of £362,000 on 28th October 2022. For the value to have increased from £362,000 to £368,032 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 3 VICTORY DRIVE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The October 2022 sale price of £362,000 represented a fair market value for the property.
• The size, condition, and specification of 3 VICTORY DRIVE has not materially changed since October 2022.

How Large is 3 VICTORY DRIVE?

3 VICTORY DRIVE is 82m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of terraced houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Milton Keynes, and where 3 VICTORY DRIVE lies on this distribution: 12% of terraced houses houses are smaller than 3 VICTORY DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 VICTORY DRIVE: Plot and Title Map

3 VICTORY DRIVE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 3 VICTORY 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 VICTORY 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 VICTORY DRIVE?

3 VICTORY DRIVE is located in BROOKLANDS, in the MK10 postcode district. The below map shows the position of No. 3 on VICTORY DRIVE.