104, MERSEY CLOSE, BLETCHLEY, MILTON KEYNES, MK3 7PP - £215,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

104 MERSEY CLOSE is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £215,000 in June 2015, which was around 39% below the average June 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

104 MERSEY CLOSE Sold Prices

Land registry data shows three sales for 104 MERSEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 104 MERSEY CLOSE 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
2015 2 JUN	£215,000	£352,592	39% below HPI
2002 4 DEC	£153,000	£216,960	29% below HPI
1997 2 APR	£72,000	£88,171	18% below HPI

104 MERSEY CLOSE 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 three 104 MERSEY CLOSE sales between April 1997 and June 2015 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 December 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2015 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 104 MERSEY CLOSE?

104 MERSEY CLOSE is 83m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 104 MERSEY CLOSE lies on this distribution: 18% of detached houses are smaller than 104 MERSEY CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

104 MERSEY CLOSE: Plot and Title Map

104 MERSEY CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 104 MERSEY CLOSE, 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 104 MERSEY CLOSE). 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 104 MERSEY CLOSE?

104 MERSEY CLOSE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 104 on MERSEY CLOSE.