1, COWPER CLOSE, NEWPORT PAGNELL, MK16 8PG - £343,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 COWPER CLOSE is a small extended detached house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £462,696. It was last sold for £343,000 in May 2016, which was around 18% below the average May 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

1 COWPER CLOSE Sold Prices

Land registry data shows three sales for 1 COWPER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 1 COWPER CLOSE sales were for below 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
2016 20 MAY	£343,000	£419,153	18% below HPI
2013 8 AUG	£235,000	£304,523	23% below HPI
1998 29 APR	£91,500	£104,378	12% below HPI

1 COWPER CLOSE 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 three 1 COWPER CLOSE sales between April 1998 and May 2016 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 August 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2016 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 COWPER CLOSE be worth now?

1 COWPER CLOSE might now be worth an estimated £462,696.

This is based on house price inflation of 34.9%, between May 2016 and February 2025, for detached 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 34.9% inflationary increase is applied to the most recent sale price for 1 COWPER CLOSE of £343,000 on 20th May 2016. For the value to have increased from £343,000 to £462,696 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 1 COWPER CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The May 2016 sale price of £343,000 represented a fair market value for the property.
• The size, condition, and specification of 1 COWPER CLOSE has not materially changed since May 2016.

How Large is 1 COWPER CLOSE?

1 COWPER CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 30% of detached houses houses in Newport Pagnell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport Pagnell, and where 1 COWPER CLOSE lies on this distribution: 23% of detached houses houses are smaller than 1 COWPER CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

1 COWPER CLOSE: Plot and Title Map

1 COWPER CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 1 COWPER 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 1 COWPER 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 1 COWPER CLOSE?

1 COWPER CLOSE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 1 on COWPER CLOSE.