8, NORMANDY WAY, BLETCHLEY, MILTON KEYNES, MK3 7UN - £398,000

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.

8 NORMANDY WAY is a very large extended detached house of 152m², built sometime between 1976 and 1982, which could now be worth an estimated £477,885. It was last sold for £398,000 in January 2018, which was around 12% below the average January 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

8 NORMANDY WAY Sold Prices

Land registry data shows two sales for 8 NORMANDY WAY 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. One of the two 8 NORMANDY WAY sales was for below the average price, whilst the other was 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
2018 16 JAN	£398,000	£450,310	12% below HPI
2004 18 AUG	£271,000	£256,860	6% above HPI

8 NORMANDY WAY 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 8 NORMANDY WAY sales from August 2004 and January 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 August 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 NORMANDY WAY be worth now?

8 NORMANDY WAY might now be worth an estimated £477,885.

This is based on house price inflation of 20.1%, between January 2018 and April 2026, 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 20.1% inflationary increase is applied to the most recent sale price for 8 NORMANDY WAY of £398,000 on 16th January 2018. For the value to have increased from £398,000 to £477,885 over the seven years and nine months to April 2026, the following assumptions must hold true:

• The value of 8 NORMANDY WAY has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The January 2018 sale price of £398,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NORMANDY WAY has not materially changed since January 2018.

How Large is 8 NORMANDY WAY?

8 NORMANDY WAY is 152m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the largest 20% 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 8 NORMANDY WAY lies on this distribution: 84% of detached houses houses are smaller than 8 NORMANDY WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

8 NORMANDY WAY: Plot and Title Map

8 NORMANDY WAY sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 8 NORMANDY WAY, 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 8 NORMANDY WAY). 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 8 NORMANDY WAY?

8 NORMANDY WAY is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 8 on NORMANDY WAY.