2, MORRELL CLOSE, SHENLEY CHURCH END, MILTON KEYNES, MK5 6DT - £550,000

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

2 MORRELL CLOSE is a midsized extended semi-detached house of 121m², built sometime between 1983 and 1990. It was last sold for £550,000 in October 2024, which was around 3% above the average October 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

2 MORRELL CLOSE Sold Prices

Land registry data shows three sales for 2 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. One of the three 2 MORRELL CLOSE sales was for above the average price, whilst two 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
2024 18 OCT	£550,000	£534,999	3% above HPI
2008 17 NOV	£190,000	£259,592	27% below HPI
2002 26 APR	£148,000	£177,121	16% below HPI

2 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 2 MORRELL CLOSE sales between April 2002 and October 2024 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 November 2008 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2024 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 MORRELL CLOSE?

2 MORRELL CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 50% 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 2 MORRELL CLOSE lies on this distribution: 48% of detached houses are smaller than 2 MORRELL CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 MORRELL CLOSE: Plot and Title Map

2 MORRELL CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 2 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 2 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 2 MORRELL CLOSE?

2 MORRELL CLOSE is located in SHENLEY CHURCH END, in the MK5 postcode district. The below map shows the position of No. 2 on MORRELL CLOSE.