16, PENHALE CLOSE, TATTENHOE, MILTON KEYNES, MK4 3DZ - £460,000

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

16 PENHALE CLOSE is a small extended detached house of 100m², built sometime between 1996 and 2002. It was last sold for £460,000 in September 2017, which was around 6% above the average September 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

16 PENHALE CLOSE Sold Prices

Land registry data shows four sales for 16 PENHALE CLOSE 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 PENHALE CLOSE 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
2017 8 SEP	£460,000	£433,212	6% above HPI
2016 9 MAY	£425,000	£405,509	5% above HPI
2004 27 APR	£248,000	£236,806	5% above HPI
2000 16 MAY	£156,000	£136,050	15% above HPI

16 PENHALE CLOSE 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 PENHALE CLOSE sales between May 2000 and September 2017 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 May 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2017 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 16 PENHALE CLOSE?

16 PENHALE CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 30% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 16 PENHALE CLOSE lies on this distribution: 29% of detached houses are smaller than 16 PENHALE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 PENHALE CLOSE: Plot and Title Map

16 PENHALE CLOSE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 16 PENHALE CLOSE, 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 PENHALE CLOSE). 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 PENHALE CLOSE?

16 PENHALE CLOSE is located in TATTENHOE, in the MK4 postcode district. The below map shows the position of No. 16 on PENHALE CLOSE.