69, MERCERS DRIVE, BRADVILLE, MILTON KEYNES, MK13 7HQ - £239,995

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

69 MERCERS DRIVE is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £239,995 in December 2015, which was around 38% below the average December 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

69 MERCERS DRIVE Sold Prices

Land registry data shows four sales for 69 MERCERS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 69 MERCERS DRIVE 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
2015 4 DEC	£239,995	£385,669	38% below HPI
2012 28 SEP	£178,000	£291,714	39% below HPI
2007 12 JAN	£189,995	£274,463	31% below HPI
2006 31 MAR	£155,000	£254,802	39% below HPI

69 MERCERS DRIVE 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 four 69 MERCERS DRIVE sales between March 2006 and December 2015 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 September 2012 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2015 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 69 MERCERS DRIVE?

69 MERCERS DRIVE is 69m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% 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 69 MERCERS DRIVE lies on this distribution: 4% of detached houses are smaller than 69 MERCERS DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

69 MERCERS DRIVE: Plot and Title Map

69 MERCERS DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 69 MERCERS DRIVE, 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 69 MERCERS DRIVE). 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 69 MERCERS DRIVE?

69 MERCERS DRIVE is located in BRADVILLE, in the MK13 postcode district. The below map shows the position of No. 69 on MERCERS DRIVE.