12, MORRELL CLOSE, SHENLEY CHURCH END, MILTON KEYNES, MK5 6DT - £245,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

12 MORRELL CLOSE is a very small semi-detached house of 89m², built sometime between 1991 and 1995. It was last sold for £245,000 in December 2006, which was around 10% below the average December 2006 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

12 MORRELL CLOSE Sold Prices

Land registry data shows three sales for 12 MORRELL 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 12 MORRELL 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
2006 22 DEC	£245,000	£272,536	10% below HPI
2001 14 MAY	£135,000	£152,637	12% below HPI
1996 20 JUN	£74,950	£84,309	11% below HPI

12 MORRELL 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 12 MORRELL CLOSE sales between June 1996 and December 2006 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 May 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2006 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 12 MORRELL CLOSE?

12 MORRELL CLOSE is 89m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 12 MORRELL CLOSE lies on this distribution: 18% of detached houses are smaller than 12 MORRELL CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

12 MORRELL CLOSE: Plot and Title Map

12 MORRELL CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 12 MORRELL 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 12 MORRELL 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 12 MORRELL CLOSE?

12 MORRELL CLOSE is located in SHENLEY CHURCH END, in the MK5 postcode district. The below map shows the position of No. 12 on MORRELL CLOSE.