48, WESTERN ROAD, BLETCHLEY, MILTON KEYNES, MK2 2PT - £247,000

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.

48 WESTERN ROAD is a small extended semi-detached house of 91m², built sometime before 1900, which could now be worth an estimated £294,259. It was last sold for £247,000 in January 2021, which was around 8% below the average January 2021 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

48 WESTERN ROAD Sold Prices

Land registry data shows three sales for 48 WESTERN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 48 WESTERN ROAD 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
2021 5 JAN	£247,000	£269,859	8% below HPI
2016 21 DEC	£240,000	£245,556	2% below HPI
2015 22 DEC	£169,950	£231,869	27% below HPI

48 WESTERN ROAD 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 three 48 WESTERN ROAD sales between December 2015 and January 2021 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 December 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 48 WESTERN ROAD be worth now?

48 WESTERN ROAD might now be worth an estimated £294,259.

This is based on house price inflation of 19.1%, between January 2021 and April 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 19.1% inflationary increase is applied to the most recent sale price for 48 WESTERN ROAD of £247,000 on 5th January 2021. For the value to have increased from £247,000 to £294,259 over the four years and nine months to April 2026, the following assumptions must hold true:

• The value of 48 WESTERN ROAD has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The January 2021 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 48 WESTERN ROAD has not materially changed since January 2021.

How Large is 48 WESTERN ROAD?

48 WESTERN ROAD is 91m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% 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 48 WESTERN ROAD lies on this distribution: 25% of semi-detached houses houses are smaller than 48 WESTERN ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

48 WESTERN ROAD: Plot and Title Map

48 WESTERN ROAD sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 48 WESTERN ROAD, 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 48 WESTERN ROAD). 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 48 WESTERN ROAD?

48 WESTERN ROAD is located in BLETCHLEY, in the MK2 postcode district. The below map shows the position of No. 48 on WESTERN ROAD.