23, CARTMEL CLOSE, BLETCHLEY, MILTON KEYNES, MK3 5LT - £327,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

23 CARTMEL CLOSE is a small extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £327,500 in December 2018, which was around 24% below the average December 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

23 CARTMEL CLOSE Sold Prices

Land registry data shows two sales for 23 CARTMEL CLOSE 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 23 CARTMEL 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
2018 19 DEC	£327,500	£433,718	24% below HPI
2001 14 DEC	£137,000	£173,206	21% below HPI

23 CARTMEL 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 two 23 CARTMEL CLOSE sales from December 2001 and December 2018 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 2001 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 23 CARTMEL CLOSE?

23 CARTMEL CLOSE is 101m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 23 CARTMEL CLOSE lies on this distribution: 35% of detached houses are smaller than 23 CARTMEL CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

23 CARTMEL CLOSE: Plot and Title Map

23 CARTMEL CLOSE sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 23 CARTMEL 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 23 CARTMEL 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 23 CARTMEL CLOSE?

23 CARTMEL CLOSE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 23 on CARTMEL CLOSE.