68, MERSEY CLOSE, BLETCHLEY, MILTON KEYNES, MK3 7PP - £190,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

68 MERSEY CLOSE is a very small extended detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £380,542. It was last sold for £190,000 in May 2010, which was around 33% below the average May 2010 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

68 MERSEY CLOSE Sold Prices

Land registry data shows two sales for 68 MERSEY 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 68 MERSEY 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
2010 28 MAY	£190,000	£282,309	33% below HPI
2000 5 MAY	£92,000	£140,627	35% below HPI

68 MERSEY 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 68 MERSEY CLOSE sales from May 2000 and May 2010 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 2000 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2010 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 68 MERSEY CLOSE be worth now?

68 MERSEY CLOSE might now be worth an estimated £380,542.

This is based on house price inflation of 100.3%, between May 2010 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 100.3% inflationary increase is applied to the most recent sale price for 68 MERSEY CLOSE of £190,000 on 28th May 2010. For the value to have increased from £190,000 to £380,542 over the fifteen years and three months to February 2025, the following assumptions must hold true:

• The value of 68 MERSEY CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The May 2010 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 68 MERSEY CLOSE has not materially changed since May 2010.

How Large is 68 MERSEY CLOSE?

68 MERSEY CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bletchley, and where 68 MERSEY CLOSE lies on this distribution: 16% of detached houses houses are smaller than 68 MERSEY CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

68 MERSEY CLOSE: Plot and Title Map

68 MERSEY CLOSE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 68 MERSEY 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 68 MERSEY 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 68 MERSEY CLOSE?

68 MERSEY CLOSE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 68 on MERSEY CLOSE.