104, MERSEY CLOSE, BLETCHLEY, MILTON KEYNES, MK3 7PP - £215,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

104 MERSEY CLOSE is a very small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £318,966. It was last sold for £215,000 in June 2015, which was around 41% below the average June 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

104 MERSEY CLOSE Sold Prices

Land registry data shows three sales for 104 MERSEY CLOSE since 1^st 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 104 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
2015 2 JUN	£215,000	£364,456	41% below HPI
2002 4 DEC	£153,000	£224,260	32% below HPI
1997 2 APR	£72,000	£91,138	21% below HPI

104 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 three 104 MERSEY CLOSE sales between April 1997 and June 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 December 2002 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2015 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 104 MERSEY CLOSE be worth now?

104 MERSEY CLOSE might now be worth an estimated £318,966.

This is based on house price inflation of 48.4%, between June 2015 and April 2026, 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 48.4% inflationary increase is applied to the most recent sale price for 104 MERSEY CLOSE of £215,000 on 2nd June 2015. For the value to have increased from £215,000 to £318,966 over the eleven years and two months to April 2026, the following assumptions must hold true:

• The value of 104 MERSEY CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2015 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 104 MERSEY CLOSE has not materially changed since June 2015.

How Large is 104 MERSEY CLOSE?

104 MERSEY CLOSE is 83m² according to the EPC inspection conducted in January 2014. 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 104 MERSEY CLOSE lies on this distribution: 17% of detached houses houses are smaller than 104 MERSEY CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

104 MERSEY CLOSE: Plot and Title Map

104 MERSEY CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 104 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 104 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 104 MERSEY CLOSE?

104 MERSEY CLOSE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 104 on MERSEY CLOSE.