114, PENNYCRESS WAY, NEWPORT PAGNELL, MK16 8TT - £390,000

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

114 PENNYCRESS WAY is a small extended detached house of 99m², built sometime between 1996 and 2002. It was last sold for £390,000 in February 2020, which was around 9% below the average February 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

114 PENNYCRESS WAY Sold Prices

Land registry data shows three sales for 114 PENNYCRESS WAY 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. Two of the three 114 PENNYCRESS WAY sales were for below the average price, whilst one was 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
2020 20 FEB	£390,000	£429,038	9% below HPI
2008 26 AUG	£249,000	£285,491	13% below HPI
1998 27 FEB	£101,995	£100,476	2% above HPI

114 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 three 114 PENNYCRESS WAY sales between February 1998 and February 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 August 2008 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 114 PENNYCRESS WAY?

114 PENNYCRESS WAY is 99m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 40% 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 114 PENNYCRESS WAY lies on this distribution: 37% of detached houses are smaller than 114 PENNYCRESS WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

114 PENNYCRESS WAY: Plot and Title Map

114 PENNYCRESS WAY sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 114 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 114 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 114 PENNYCRESS WAY?

114 PENNYCRESS WAY is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 114 on PENNYCRESS WAY.