12, MERSEY WAY, BLETCHLEY, MILTON KEYNES, MK3 7QH - £190,000

12 MERSEY WAY is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £190,000 in May 2011, which was around 29% below the average May 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was C.

12 MERSEY WAY Sold Prices

Land registry data shows two sales for 12 MERSEY WAY 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 12 MERSEY WAY 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
2011 27 MAY	£190,000	£267,276	29% below HPI
1999 5 FEB	£84,000	£108,197	22% below HPI

12 MERSEY WAY 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 12 MERSEY WAY sales from February 1999 and May 2011 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 February 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2011 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 12 MERSEY WAY?

12 MERSEY WAY is 76m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 12 MERSEY WAY lies on this distribution: 12% of detached houses are smaller than 12 MERSEY WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

12 MERSEY WAY: Plot and Title Map

12 MERSEY WAY sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 12 MERSEY WAY, 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 12 MERSEY WAY). 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 12 MERSEY WAY?

12 MERSEY WAY is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 12 on MERSEY WAY.