109, MELROSE AVENUE, BLETCHLEY, MILTON KEYNES, MK3 6PW - £317,500

109 MELROSE AVENUE is a small extended detached house of 96m², built sometime between 1976 and 1982. It was last sold for £317,500 in February 2021, which was around 29% below the average February 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

109 MELROSE AVENUE Sold Prices

Land registry data shows two sales for 109 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 109 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 15 FEB	£317,500	£449,865	29% below HPI
1997 11 JUL	£66,000	£93,887	30% below HPI

109 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 109 MELROSE AVENUE sales from July 1997 and February 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 July 1997 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 109 MELROSE AVENUE?

109 MELROSE AVENUE is 96m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 109 MELROSE AVENUE lies on this distribution: 30% of detached houses are smaller than 109 MELROSE AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

109 MELROSE AVENUE: Plot and Title Map

109 MELROSE AVENUE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 109 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 109 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 109 MELROSE AVENUE?

109 MELROSE AVENUE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 109 on MELROSE AVENUE.