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

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

16 PARK AVENUE is a very large extended detached house of 155m², built sometime between 1983 and 1990. It was last sold for £583,750 in March 2015, which was around 67% 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	£349,642	67% above HPI
2005 11 NOV	£440,000	£251,930	75% above HPI
2004 29 MAR	£430,000	£238,410	80% above HPI
1997 22 AUG	£195,000	£94,836	106% 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 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the March 2015 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

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 in Newport Pagnell, based on EPC data. The below chart shows the distribution of detached houses by size in Newport Pagnell, and where 16 PARK AVENUE lies on this distribution: 87% of detached 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.