84, MERSEY CLOSE, BLETCHLEY, MILTON KEYNES, MK3 7PP - £236,000

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.

84 MERSEY CLOSE is a very small extended terraced house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £292,501. It was last sold for £236,000 in October 2019, which was around 10% above the average October 2019 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

84 MERSEY CLOSE Sold Prices

Land registry data shows three sales for 84 MERSEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the three 84 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
2019 30 OCT	£236,000	£214,084	10% above HPI
2015 19 JAN	£179,000	£172,385	4% above HPI
2008 4 JAN	£169,500	£154,887	9% above HPI

84 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 three 84 MERSEY CLOSE sales between January 2008 and October 2019 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 January 2015 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 84 MERSEY CLOSE be worth now?

84 MERSEY CLOSE might now be worth an estimated £292,501.

This is based on house price inflation of 23.9%, between October 2019 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 23.9% inflationary increase is applied to the most recent sale price for 84 MERSEY CLOSE of £236,000 on 30th October 2019. For the value to have increased from £236,000 to £292,501 over the seven years and six months to April 2026, the following assumptions must hold true:

• The value of 84 MERSEY CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The October 2019 sale price of £236,000 represented a fair market value for the property.
• The size, condition, and specification of 84 MERSEY CLOSE has not materially changed since October 2019.

How Large is 84 MERSEY CLOSE?

84 MERSEY CLOSE is 83m², which includes two extensions, according to the EPC inspection conducted in February 2019. 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 84 MERSEY CLOSE lies on this distribution: 17% of terraced houses houses are smaller than 84 MERSEY CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

84 MERSEY CLOSE: Plot and Title Map

84 MERSEY CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 84 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 84 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 84 MERSEY CLOSE?

84 MERSEY CLOSE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 84 on MERSEY CLOSE.