97, MELROSE AVENUE, BLETCHLEY, MILTON KEYNES, MK3 6PW - £365,000

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

97 MELROSE AVENUE is a midsized detached house of 116m², built sometime between 1950 and 1966. It was last sold for £365,000 in September 2021, which was around 23% below the average September 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

97 MELROSE AVENUE Sold Prices

Land registry data shows two sales for 97 MELROSE AVENUE 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 97 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
2021 21 SEP	£365,000	£475,618	23% below HPI
2007 11 APR	£218,000	£279,712	22% below HPI

97 MELROSE AVENUE 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 97 MELROSE AVENUE sales from April 2007 and September 2021 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 April 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 97 MELROSE AVENUE?

97 MELROSE AVENUE is 116m² according to the EPC inspection conducted in March 2015. This puts it in the largest 50% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 97 MELROSE AVENUE lies on this distribution: 55% of detached houses are smaller than 97 MELROSE AVENUE, and 45% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

97 MELROSE AVENUE: Plot and Title Map

97 MELROSE AVENUE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 97 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 97 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.

Where is 97 MELROSE AVENUE?

97 MELROSE AVENUE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 97 on MELROSE AVENUE.