46, WATLING STREET, BLETCHLEY, MILTON KEYNES, MK2 2BY - £162,000

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.

46 WATLING STREET is a very small extended terraced house of 51m², built sometime before 1900, which could now be worth an estimated £199,079. It was last sold for £162,000 in September 2018, which was around 27% below the average September 2018 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

46 WATLING STREET Sold Prices

Land registry data shows five sales for 46 WATLING STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the five 46 WATLING STREET 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
2018 7 SEP	£162,000	£220,499	27% below HPI
2011 23 MAY	£93,000	£133,110	30% below HPI
2006 27 APR	£114,500	£131,172	13% below HPI
2005 22 DEC	£114,000	£129,709	12% below HPI
2005 11 FEB	£90,000	£125,005	28% below HPI

46 WATLING STREET 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 five 46 WATLING STREET sales between February 2005 and September 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 May 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 46 WATLING STREET be worth now?

46 WATLING STREET might now be worth an estimated £199,079.

This is based on house price inflation of 22.9%, between September 2018 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 22.9% inflationary increase is applied to the most recent sale price for 46 WATLING STREET of £162,000 on 7th September 2018. For the value to have increased from £162,000 to £199,079 over the eight years and four months to May 2026, the following assumptions must hold true:

• The value of 46 WATLING STREET has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The September 2018 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 46 WATLING STREET has not materially changed since September 2018.

How Large is 46 WATLING STREET?

46 WATLING STREET is 51m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% 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 46 WATLING STREET lies on this distribution: 1% of terraced houses houses are smaller than 46 WATLING STREET, and 99% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

46 WATLING STREET: Plot and Title Map

46 WATLING STREET sits on a plot of roughly 0.008 of an acre, or 33m². The below map shows the location of 46 WATLING STREET, 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 46 WATLING STREET). 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 46 WATLING STREET?

46 WATLING STREET is located in BLETCHLEY, in the MK2 postcode district. The below map shows the position of No. 46 on WATLING STREET.