5, GRANGE ROAD, BLETCHLEY, MILTON KEYNES, MK3 5HS - £325,000

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 GRANGE ROAD is a small semi-detached house of 103m², built sometime between 1900 and 1929, which could now be worth an estimated £413,244. It was last sold for £325,000 in February 2017, which was around 29% above the average February 2017 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

5 GRANGE ROAD Sold Prices

Land registry data shows three sales for 5 GRANGE 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 5 GRANGE ROAD 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
2017 10 FEB	£325,000	£252,841	29% above HPI
2007 7 JUN	£215,000	£179,788	20% above HPI
1997 19 SEP	£80,000	£54,699	46% above HPI

5 GRANGE 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 5 GRANGE ROAD sales between September 1997 and February 2017 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 June 2007 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2017 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 5 GRANGE ROAD be worth now?

5 GRANGE ROAD might now be worth an estimated £413,244.

This is based on house price inflation of 27.2%, between February 2017 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 27.2% inflationary increase is applied to the most recent sale price for 5 GRANGE ROAD of £325,000 on 10th February 2017. For the value to have increased from £325,000 to £413,244 over the eight years and ten months to April 2026, the following assumptions must hold true:

• The value of 5 GRANGE ROAD has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The February 2017 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GRANGE ROAD has not materially changed since February 2017.

How Large is 5 GRANGE ROAD?

5 GRANGE ROAD is 103m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 40% 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 5 GRANGE ROAD lies on this distribution: 38% of semi-detached houses houses are smaller than 5 GRANGE ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

5 GRANGE ROAD: Plot and Title Map

5 GRANGE ROAD sits on a plot of roughly 0.175 of an acre, or 708m². The below map shows the location of 5 GRANGE 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 5 GRANGE 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 5 GRANGE ROAD?

5 GRANGE ROAD is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 5 on GRANGE ROAD.