45, MERSEY CLOSE, BLETCHLEY, MILTON KEYNES, MK3 7PP - £167,500

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.

45 MERSEY CLOSE is a very small terraced house of 75m², built sometime between 1976 and 1982, which could now be worth an estimated £312,413. It was last sold for £167,500 in December 2006, which was around 18% above the average December 2006 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

45 MERSEY CLOSE Sold Prices

Land registry data shows four sales for 45 MERSEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the four 45 MERSEY CLOSE sales were for above 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
2006 5 DEC	£167,500	£142,261	18% above HPI
2001 19 NOV	£103,000	£76,454	35% above HPI
1996 26 APR	£45,000	£39,517	14% above HPI
1995 1 DEC	£50,000	£39,204	28% above HPI

45 MERSEY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 45 MERSEY CLOSE sales between December 1995 and December 2006 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 November 2001 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the December 2006 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 45 MERSEY CLOSE be worth now?

45 MERSEY CLOSE might now be worth an estimated £312,413.

This is based on house price inflation of 86.5%, between December 2006 and April 2026, for terraced 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 86.5% inflationary increase is applied to the most recent sale price for 45 MERSEY CLOSE of £167,500 on 5th December 2006. For the value to have increased from £167,500 to £312,413 over the twenty years and eight months to April 2026, the following assumptions must hold true:

• The value of 45 MERSEY CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The December 2006 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 45 MERSEY CLOSE has not materially changed since December 2006.

How Large is 45 MERSEY CLOSE?

45 MERSEY CLOSE is 75m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of terraced houses houses in Bletchley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bletchley, and where 45 MERSEY CLOSE lies on this distribution: 11% of terraced houses houses are smaller than 45 MERSEY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

45 MERSEY CLOSE: Plot and Title Map

45 MERSEY CLOSE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 45 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 45 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 45 MERSEY CLOSE?

45 MERSEY CLOSE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 45 on MERSEY CLOSE.