89, RICKLEY LANE, BLETCHLEY, MILTON KEYNES, MK3 6EW - £215,500

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.

89 RICKLEY LANE is a very small terraced house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £285,511. It was last sold for £215,500 in May 2016, which was around 5% above the average May 2016 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

89 RICKLEY LANE Sold Prices

Land registry data shows two sales for 89 RICKLEY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 89 RICKLEY LANE 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
2016 31 MAY	£215,500	£204,523	5% above HPI
2002 4 JAN	£82,750	£79,186	5% above HPI

89 RICKLEY LANE 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 two 89 RICKLEY LANE sales from January 2002 and May 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 January 2002 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2016 sale, which was also at 5% above the HPI.

What might 89 RICKLEY LANE be worth now?

89 RICKLEY LANE might now be worth an estimated £285,511.

This is based on house price inflation of 32.5%, between May 2016 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 32.5% inflationary increase is applied to the most recent sale price for 89 RICKLEY LANE of £215,500 on 31st May 2016. For the value to have increased from £215,500 to £285,511 over the ten years to May 2026, the following assumptions must hold true:

• The value of 89 RICKLEY LANE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The May 2016 sale price of £215,500 represented a fair market value for the property.
• The size, condition, and specification of 89 RICKLEY LANE has not materially changed since May 2016.

How Large is 89 RICKLEY LANE?

89 RICKLEY LANE is 78m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% 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 89 RICKLEY LANE lies on this distribution: 12% of terraced houses houses are smaller than 89 RICKLEY LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

89 RICKLEY LANE: Plot and Title Map

89 RICKLEY LANE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 89 RICKLEY LANE, 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 89 RICKLEY LANE). 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 89 RICKLEY LANE?

89 RICKLEY LANE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 89 on RICKLEY LANE.