2, LAMB CLOSE, NEWPORT PAGNELL, MK16 8QB - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 LAMB CLOSE is a very small semi-detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £391,902. It was last sold for £300,000 in July 2017, which was around 16% above the average July 2017 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

2 LAMB CLOSE Sold Prices

Land registry data shows two sales for 2 LAMB CLOSE 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 2 LAMB 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 13 JUL	£300,000	£257,778	16% above HPI
1999 19 MAR	£105,000	£62,055	69% above HPI

2 LAMB CLOSE 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 2 LAMB CLOSE sales from March 1999 and July 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 March 1999 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the July 2017 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 2 LAMB CLOSE be worth now?

2 LAMB CLOSE might now be worth an estimated £391,902.

This is based on house price inflation of 30.6%, between July 2017 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 30.6% inflationary increase is applied to the most recent sale price for 2 LAMB CLOSE of £300,000 on 13th July 2017. For the value to have increased from £300,000 to £391,902 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 2 LAMB CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The July 2017 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAMB CLOSE has not materially changed since July 2017.

How Large is 2 LAMB CLOSE?

2 LAMB CLOSE is 69m² according to the EPC inspection conducted in November 2016. 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 2 LAMB CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 2 LAMB CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

2 LAMB CLOSE: Plot and Title Map

2 LAMB CLOSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 2 LAMB 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 LAMB 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 LAMB CLOSE?

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