2, DEBEN CLOSE, NEWPORT PAGNELL, MK16 9DU - £392,000

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

2 DEBEN CLOSE is a very small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £392,000 in February 2023, which was around 24% below the average February 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

2 DEBEN CLOSE Sold Prices

Land registry data shows four sales for 2 DEBEN 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 2 DEBEN CLOSE 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
2023 21 FEB	£392,000	£517,394	24% below HPI
2010 21 MAY	£216,000	£273,119	21% below HPI
1999 12 NOV	£89,500	£126,613	29% below HPI
1995 28 FEB	£57,000	£82,703	31% below HPI

2 DEBEN 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 2 DEBEN CLOSE sales between February 1995 and February 2023 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 2010 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 DEBEN CLOSE?

2 DEBEN CLOSE is 82m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 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 2 DEBEN CLOSE lies on this distribution: 15% of detached houses are smaller than 2 DEBEN CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

2 DEBEN CLOSE: Plot and Title Map

2 DEBEN CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 2 DEBEN 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 2 DEBEN 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 2 DEBEN CLOSE?

2 DEBEN CLOSE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 2 on DEBEN CLOSE.