18, NORWOOD LANE, NEWPORT PAGNELL, MK16 0PG - £225,000

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.

18 NORWOOD LANE is a very small semi-detached house of 52m², built sometime between 1991 and 1995, which could now be worth an estimated £290,892. It was last sold for £225,000 in November 2019, which was around 14% below the average November 2019 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

18 NORWOOD LANE Sold Prices

Land registry data shows two sales for 18 NORWOOD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 18 NORWOOD LANE sales were for below 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 1 NOV	£225,000	£260,467	14% below HPI
2004 28 APR	£127,000	£140,891	10% below HPI

18 NORWOOD LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 18 NORWOOD LANE sales from April 2004 and November 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 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 18 NORWOOD LANE be worth now?

18 NORWOOD LANE might now be worth an estimated £290,892.

This is based on house price inflation of 29.3%, between November 2019 and February 2025, for semi-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 29.3% inflationary increase is applied to the most recent sale price for 18 NORWOOD LANE of £225,000 on 1st November 2019. For the value to have increased from £225,000 to £290,892 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 18 NORWOOD LANE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The November 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 18 NORWOOD LANE has not materially changed since November 2019.

How Large is 18 NORWOOD LANE?

18 NORWOOD LANE is 52m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of semi-detached houses houses in Newport Pagnell, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newport Pagnell, and where 18 NORWOOD LANE lies on this distribution: 1% of semi-detached houses houses are smaller than 18 NORWOOD LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

18 NORWOOD LANE: Plot and Title Map

18 NORWOOD LANE sits on a plot of roughly 0.017 of an acre, or 69m². The below map shows the location of 18 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 18 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 18 NORWOOD LANE?

18 NORWOOD LANE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 18 on NORWOOD LANE.