9, BRIDGEMERE CLOSE, WESTCROFT, MILTON KEYNES, MK4 4GL - £234,995

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.

9 BRIDGEMERE CLOSE is a very small terraced house of 90m², built sometime between 2003 and 2006, which could now be worth an estimated £395,460. It was last sold for £234,995 in October 2007, which was around 46% above the average October 2007 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

9 BRIDGEMERE CLOSE Sold Prices

Land registry data shows two sales for 9 BRIDGEMERE 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 9 BRIDGEMERE 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
2007 22 OCT	£234,995	£161,018	46% above HPI
2005 16 DEC	£230,000	£129,709	77% above HPI

9 BRIDGEMERE 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 9 BRIDGEMERE CLOSE sales from December 2005 and October 2007 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 December 2005 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the October 2007 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 9 BRIDGEMERE CLOSE be worth now?

9 BRIDGEMERE CLOSE might now be worth an estimated £395,460.

This is based on house price inflation of 68.3%, between October 2007 and May 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 68.3% inflationary increase is applied to the most recent sale price for 9 BRIDGEMERE CLOSE of £234,995 on 22nd October 2007. For the value to have increased from £234,995 to £395,460 over the nineteen years and five months to May 2026, the following assumptions must hold true:

• The value of 9 BRIDGEMERE CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The October 2007 sale price of £234,995 represented a fair market value for the property.
• The size, condition, and specification of 9 BRIDGEMERE CLOSE has not materially changed since October 2007.

How Large is 9 BRIDGEMERE CLOSE?

9 BRIDGEMERE CLOSE is 90m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of terraced houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Milton Keynes, and where 9 BRIDGEMERE CLOSE lies on this distribution: 19% of terraced houses houses are smaller than 9 BRIDGEMERE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

9 BRIDGEMERE CLOSE: Plot and Title Map

9 BRIDGEMERE CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 9 BRIDGEMERE 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 9 BRIDGEMERE 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 9 BRIDGEMERE CLOSE?

9 BRIDGEMERE CLOSE is located in WESTCROFT, in the MK4 postcode district. The below map shows the position of No. 9 on BRIDGEMERE CLOSE.