40, CARTMEL CLOSE, BLETCHLEY, MILTON KEYNES, MK3 5LT - £375,000

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

40 CARTMEL CLOSE is a small extended detached house of 104m², built sometime between 1983 and 1990. It was last sold for £375,000 in May 2019, which was around 12% below the average May 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

40 CARTMEL CLOSE Sold Prices

Land registry data shows two sales for 40 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. One of the two 40 CARTMEL CLOSE sales was for below the average price, whilst the other was for above 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
2019 24 MAY	£375,000	£424,197	12% below HPI
1999 3 AUG	£128,500	£118,068	9% above HPI

40 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 40 CARTMEL CLOSE sales from August 1999 and May 2019 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 August 1999 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 40 CARTMEL CLOSE?

40 CARTMEL CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in January 2019. 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 40 CARTMEL CLOSE lies on this distribution: 39% of detached houses are smaller than 40 CARTMEL CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

40 CARTMEL CLOSE: Plot and Title Map

40 CARTMEL CLOSE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 40 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 40 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 40 CARTMEL CLOSE?

40 CARTMEL CLOSE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 40 on CARTMEL CLOSE.