104, PENNYCRESS WAY, NEWPORT PAGNELL, MK16 8TT - £420,000

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

104 PENNYCRESS WAY is a large extended detached house of 129m², built sometime between 1996 and 2002. It was last sold for £420,000 in August 2020, which was around 4% below the average August 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.

104 PENNYCRESS WAY Sold Prices

Land registry data shows two sales for 104 PENNYCRESS WAY 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 104 PENNYCRESS WAY 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
2020 28 AUG	£420,000	£438,618	4% below HPI
1998 23 JAN	£89,995	£99,728	10% below HPI

104 PENNYCRESS WAY 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 104 PENNYCRESS WAY sales from January 1998 and August 2020 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 January 1998 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 104 PENNYCRESS WAY?

104 PENNYCRESS WAY is 129m², which includes two extensions, according to the EPC inspection conducted in May 2020. This puts it in the largest 30% of detached houses in Newport Pagnell, based on EPC data. The below chart shows the distribution of detached houses by size in Newport Pagnell, and where 104 PENNYCRESS WAY lies on this distribution: 73% of detached houses are smaller than 104 PENNYCRESS WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

104 PENNYCRESS WAY: Plot and Title Map

104 PENNYCRESS WAY sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 104 PENNYCRESS WAY, 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 104 PENNYCRESS WAY). 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 104 PENNYCRESS WAY?

104 PENNYCRESS WAY is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 104 on PENNYCRESS WAY.