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
90 MELROSE AVENUE is a small extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £345,000 in October 2019, which was around 19% below the average October 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 90 MELROSE AVENUE since 1st 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. All of the three 90 MELROSE AVENUE 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 |
---|---|---|---|
2019 11 OCT | £345,000 | £427,444 | 19% below HPI |
2015 3 SEP | £283,500 | £376,388 | 25% below HPI |
2014 8 AUG | £190,000 | £335,787 | 43% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 90 MELROSE AVENUE sales between August 2014 and October 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 September 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2019 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.
90 MELROSE AVENUE is 104m², which includes one extension, according to the EPC inspection conducted in July 2014. 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 90 MELROSE AVENUE lies on this distribution: 39% of detached houses are smaller than 90 MELROSE AVENUE, and 59% of houses are larger. Note that EPC data is not available for all properties in Bletchley.
90 MELROSE AVENUE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 90 MELROSE AVENUE, 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 90 MELROSE AVENUE). 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.
90 MELROSE AVENUE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 90 on MELROSE AVENUE.