12, PARK AVENUE, NEWPORT PAGNELL, MK16 8JE - £675,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 PARK AVENUE is a very large detached house of 162m², built sometime between 1996 and 2002, which could now be worth an estimated £927,885. It was last sold for £675,000 in February 2016, which was around 64% above the average February 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

12 PARK AVENUE Sold Prices

Land registry data shows two sales for 12 PARK AVENUE 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 12 PARK AVENUE 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
2016 26 FEB	£675,000	£411,324	64% above HPI
1997 31 JUL	£192,500	£97,046	98% above HPI

12 PARK AVENUE 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 12 PARK AVENUE sales from July 1997 and February 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 July 1997 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the February 2016 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might 12 PARK AVENUE be worth now?

12 PARK AVENUE might now be worth an estimated £927,885.

This is based on house price inflation of 37.5%, between February 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 37.5% inflationary increase is applied to the most recent sale price for 12 PARK AVENUE of £675,000 on 26th February 2016. For the value to have increased from £675,000 to £927,885 over the nine years to February 2025, the following assumptions must hold true:

• The value of 12 PARK AVENUE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The February 2016 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PARK AVENUE has not materially changed since February 2016.

How Large is 12 PARK AVENUE?

12 PARK AVENUE is 162m² according to the EPC inspection conducted in October 2015. This puts it in the largest 10% 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 12 PARK AVENUE lies on this distribution: 90% of detached houses houses are smaller than 12 PARK AVENUE, and 9% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

12 PARK AVENUE: Plot and Title Map

12 PARK AVENUE sits on a plot of roughly 0.194 of an acre, or 786m². The below map shows the location of 12 PARK AVENUE, 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 12 PARK AVENUE). 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 12 PARK AVENUE?

12 PARK AVENUE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 12 on PARK AVENUE.