3, NEWBY PLACE, EMERSON VALLEY, MILTON KEYNES, MK4 2NP - £387,500

3 NEWBY PLACE is a midsized detached house of 130m², built sometime between 1991 and 1995. It was last sold for £387,500 in June 2015, which was around 10% above the average June 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was C.

3 NEWBY PLACE Sold Prices

Land registry data shows two sales for 3 NEWBY PLACE 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 3 NEWBY PLACE 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
2015 26 JUN	£387,500	£352,592	10% above HPI
1995 22 DEC	£124,000	£82,888	50% above HPI

3 NEWBY PLACE 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 3 NEWBY PLACE sales from December 1995 and June 2015 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 1995 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the June 2015 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 3 NEWBY PLACE?

3 NEWBY PLACE is 130m² according to the EPC inspection conducted in January 2015. This puts it in the largest 50% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 3 NEWBY PLACE lies on this distribution: 57% of detached houses are smaller than 3 NEWBY PLACE, and 42% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 NEWBY PLACE: Plot and Title Map

3 NEWBY PLACE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 3 NEWBY PLACE, 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 3 NEWBY PLACE). 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 3 NEWBY PLACE?

3 NEWBY PLACE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 3 on NEWBY PLACE.