88, MERSEY CLOSE, BLETCHLEY, MILTON KEYNES, MK3 7PP - £184,955

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.

88 MERSEY CLOSE is a very small terraced house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £286,118. It was last sold for £184,955 in November 2014, which was around 8% above the average November 2014 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

88 MERSEY CLOSE Sold Prices

Land registry data shows two sales for 88 MERSEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 88 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
2014 5 NOV	£184,955	£171,522	8% above HPI
2005 4 FEB	£135,000	£125,005	8% above HPI

88 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 two 88 MERSEY CLOSE sales from February 2005 and November 2014 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 2005 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2014 sale, which was also at 8% above the HPI.

What might 88 MERSEY CLOSE be worth now?

88 MERSEY CLOSE might now be worth an estimated £286,118.

This is based on house price inflation of 54.7%, between November 2014 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 54.7% inflationary increase is applied to the most recent sale price for 88 MERSEY CLOSE of £184,955 on 5th November 2014. For the value to have increased from £184,955 to £286,118 over the twelve years and seven months to April 2026, the following assumptions must hold true:

• The value of 88 MERSEY CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The November 2014 sale price of £184,955 represented a fair market value for the property.
• The size, condition, and specification of 88 MERSEY CLOSE has not materially changed since November 2014.

How Large is 88 MERSEY CLOSE?

88 MERSEY CLOSE is 78m² according to the EPC inspection conducted in October 2014. 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 88 MERSEY CLOSE lies on this distribution: 13% of terraced houses houses are smaller than 88 MERSEY CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

88 MERSEY CLOSE: Plot and Title Map

88 MERSEY CLOSE sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 88 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 88 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 88 MERSEY CLOSE?

88 MERSEY CLOSE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 88 on MERSEY CLOSE.