WATER MILL, MILL ROAD, BLETCHLEY, MILTON KEYNES, MK2 2UZ - £830,000

WATER MILL is a very large detached house of 319m², built sometime between 1983 and 1990. It was last sold for £830,000 in August 2022, which was around 61% above the average August 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was D.

WATER MILL Sold Prices

Land registry data shows two sales for WATER MILL 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 WATER MILL 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
2022 23 AUG	£830,000	£515,890	61% above HPI
2001 8 JUN	£418,000	£154,890	170% above HPI

WATER MILL 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 WATER MILL sales from June 2001 and August 2022 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 2001 sale was for 170% above the HPI. So the extrapolation line tracks at 170% above the HPI over time, until the August 2022 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is WATER MILL?

WATER MILL is 319m² according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where WATER MILL lies on this distribution: More than 99% of detached houses are smaller than WATER MILL, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

WATER MILL: Plot and Title Map

WATER MILL sits on a plot of roughly 0.300 of an acre, or 1,213m². The below map shows the location of WATER MILL, 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 WATER MILL). 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 WATER MILL?

WATER MILL is located on MILL ROAD in BLETCHLEY, in the MK2 postcode district. The below map shows the position of WATER MILL on MILL ROAD.