16, NORWOOD LANE, NEWPORT PAGNELL, MK16 0PG - £200,000

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.

16 NORWOOD LANE is a very small terraced house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £254,802. It was last sold for £200,000 in December 2019, which was around 7% below the average December 2019 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

16 NORWOOD LANE Sold Prices

Land registry data shows three sales for 16 NORWOOD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. One of the three 16 NORWOOD LANE sales was for below the average price, whilst two 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
2019 13 DEC	£200,000	£215,173	7% below HPI
2006 28 APR	£138,500	£131,172	6% above HPI
2003 18 JUL	£118,000	£104,216	13% above HPI

16 NORWOOD LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 16 NORWOOD LANE sales between July 2003 and December 2019 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 April 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2019 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 16 NORWOOD LANE be worth now?

16 NORWOOD LANE might now be worth an estimated £254,802.

This is based on house price inflation of 27.4%, between December 2019 and July 2025, for terraced 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 27.4% inflationary increase is applied to the most recent sale price for 16 NORWOOD LANE of £200,000 on 13th December 2019. For the value to have increased from £200,000 to £254,802 over the six years and five months to July 2025, the following assumptions must hold true:

• The value of 16 NORWOOD LANE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The December 2019 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 16 NORWOOD LANE has not materially changed since December 2019.

How Large is 16 NORWOOD LANE?

16 NORWOOD LANE is 57m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of terraced houses houses in Newport Pagnell, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Newport Pagnell, and where 16 NORWOOD LANE lies on this distribution: 2% of terraced houses houses are smaller than 16 NORWOOD LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

16 NORWOOD LANE: Plot and Title Map

16 NORWOOD LANE sits on a plot of roughly 0.020 of an acre, or 80m². The below map shows the location of 16 NORWOOD LANE, 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 16 NORWOOD LANE). 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 16 NORWOOD LANE?

16 NORWOOD LANE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 16 on NORWOOD LANE.