5, FRENSHAM DRIVE, BLETCHLEY, MILTON KEYNES, MK2 3AP - £254,000

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.

5 FRENSHAM DRIVE is a small detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £332,979. It was last sold for £254,000 in August 2016, which was around 41% below the average August 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

5 FRENSHAM DRIVE Sold Prices

Land registry data shows two sales for 5 FRENSHAM DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 5 FRENSHAM DRIVE 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
2016 12 AUG	£254,000	£431,312	41% below HPI
2014 8 AUG	£205,000	£347,086	41% below HPI

5 FRENSHAM DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 5 FRENSHAM DRIVE sales from August 2014 and August 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 August 2014 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2016 sale, which was also at 41% below the HPI.

What might 5 FRENSHAM DRIVE be worth now?

5 FRENSHAM DRIVE might now be worth an estimated £332,979.

This is based on house price inflation of 31.1%, between August 2016 and February 2025, for 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 31.1% inflationary increase is applied to the most recent sale price for 5 FRENSHAM DRIVE of £254,000 on 12th August 2016. For the value to have increased from £254,000 to £332,979 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 5 FRENSHAM DRIVE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The August 2016 sale price of £254,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FRENSHAM DRIVE has not materially changed since August 2016.

How Large is 5 FRENSHAM DRIVE?

5 FRENSHAM DRIVE is 87m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% 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 5 FRENSHAM DRIVE lies on this distribution: 21% of detached houses houses are smaller than 5 FRENSHAM DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

5 FRENSHAM DRIVE: Plot and Title Map

5 FRENSHAM DRIVE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 5 FRENSHAM 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 5 FRENSHAM 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 5 FRENSHAM DRIVE?

5 FRENSHAM DRIVE is located in BLETCHLEY, in the MK2 postcode district. The below map shows the position of No. 5 on FRENSHAM DRIVE.