16, PARK AVENUE, NEWPORT PAGNELL, MK16 8JE - £583,750

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 PARK AVENUE is a very large extended detached house of 155m², built sometime between 1983 and 1990, which could now be worth an estimated £913,284. It was last sold for £583,750 in March 2015, which was around 62% above the average March 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

16 PARK AVENUE Sold Prices

Land registry data shows four sales for 16 PARK AVENUE 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 16 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
2015 13 MAR	£583,750	£361,406	62% above HPI
2005 11 NOV	£440,000	£260,407	69% above HPI
2004 29 MAR	£430,000	£246,432	74% above HPI
1997 22 AUG	£195,000	£98,027	99% above HPI

16 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 four 16 PARK AVENUE sales between August 1997 and March 2015 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 2005 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the March 2015 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 16 PARK AVENUE be worth now?

16 PARK AVENUE might now be worth an estimated £913,284.

This is based on house price inflation of 56.5%, between March 2015 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 56.5% inflationary increase is applied to the most recent sale price for 16 PARK AVENUE of £583,750 on 13th March 2015. For the value to have increased from £583,750 to £913,284 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 16 PARK AVENUE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The March 2015 sale price of £583,750 represented a fair market value for the property.
• The size, condition, and specification of 16 PARK AVENUE has not materially changed since March 2015.

How Large is 16 PARK AVENUE?

16 PARK AVENUE is 155m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% 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 16 PARK AVENUE lies on this distribution: 87% of detached houses houses are smaller than 16 PARK AVENUE, and 12% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

16 PARK AVENUE: Plot and Title Map

16 PARK AVENUE sits on a plot of roughly 0.195 of an acre, or 789m². The below map shows the location of 16 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 16 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 16 PARK AVENUE?

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