115, MELROSE AVENUE, BLETCHLEY, MILTON KEYNES, MK3 6PW - £315,000

115 MELROSE AVENUE is a very small detached house of 68m². It was last sold for £315,000 in October 2023, which was around 40% below the average October 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2020, where the current energy rating was B, and the potential energy rating was A.

115 MELROSE AVENUE Sold Prices

Land registry data shows two sales for 115 MELROSE AVENUE 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 115 MELROSE AVENUE 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
2023 13 OCT	£315,000	£526,900	40% below HPI
2021 23 JUN	£300,000	£452,914	34% below HPI

115 MELROSE AVENUE 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 115 MELROSE AVENUE sales from June 2021 and October 2023 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 2021 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2023 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 115 MELROSE AVENUE?

115 MELROSE AVENUE is 68m² according to the EPC inspection conducted in April 2020. This puts it in the smallest 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 115 MELROSE AVENUE lies on this distribution: 6% of detached houses are smaller than 115 MELROSE AVENUE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

115 MELROSE AVENUE: Plot and Title Map

115 MELROSE AVENUE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 115 MELROSE AVENUE, 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 115 MELROSE AVENUE). 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 115 MELROSE AVENUE?

115 MELROSE AVENUE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 115 on MELROSE AVENUE.