1, NEWBY PLACE, EMERSON VALLEY, MILTON KEYNES, MK4 2NP - £365,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 NEWBY PLACE is a small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £365,000 in March 2021, which was around 19% below the average March 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

1 NEWBY PLACE Sold Prices

Land registry data shows four sales for 1 NEWBY PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 1 NEWBY PLACE 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
2021 30 MAR	£365,000	£451,575	19% below HPI
2017 17 NOV	£342,500	£440,141	22% below HPI
1999 17 DEC	£122,500	£126,981	4% below HPI
1996 30 MAY	£81,500	£84,626	4% below HPI

1 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 four 1 NEWBY PLACE sales between May 1996 and March 2021 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 November 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 NEWBY PLACE?

1 NEWBY PLACE is 94m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% 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 1 NEWBY PLACE lies on this distribution: 23% of detached houses are smaller than 1 NEWBY PLACE, and 76% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 NEWBY PLACE: Plot and Title Map

1 NEWBY PLACE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 1 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 1 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 1 NEWBY PLACE?

1 NEWBY PLACE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 1 on NEWBY PLACE.