2, LOVAT STREET, NEWPORT PAGNELL, MK16 0EF - £400,000

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 LOVAT STREET is a small extended detached house of 97m², built sometime between 1900 and 1929, which could now be worth an estimated £410,446. It was last sold for £400,000 in June 2023, which was around 25% below the average June 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

2 LOVAT STREET Sold Prices

Land registry data shows four sales for 2 LOVAT STREET 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 LOVAT STREET 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 30 JUN	£400,000	£535,394	25% below HPI
2022 11 AUG	£365,000	£532,276	31% below HPI
2001 12 APR	£112,000	£154,745	28% below HPI
2000 15 SEP	£110,000	£150,773	27% below HPI

2 LOVAT STREET 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 LOVAT STREET sales between September 2000 and June 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 August 2022 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 LOVAT STREET be worth now?

2 LOVAT STREET might now be worth an estimated £410,446.

This is based on house price inflation of 2.6%, between June 2023 and December 2024, for 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 2.6% inflationary increase is applied to the most recent sale price for 2 LOVAT STREET of £400,000 on 30th June 2023. For the value to have increased from £400,000 to £410,446 over the six months to December 2024, the following assumptions must hold true:

• The value of 2 LOVAT STREET has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LOVAT STREET has not materially changed since June 2023.

How Large is 2 LOVAT STREET?

2 LOVAT STREET is 97m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 40% of detached houses houses in Newport Pagnell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport Pagnell, and where 2 LOVAT STREET lies on this distribution: 33% of detached houses houses are smaller than 2 LOVAT STREET, and 65% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

2 LOVAT STREET: Plot and Title Map

2 LOVAT STREET sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 2 LOVAT STREET, 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 LOVAT STREET). 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 LOVAT STREET?

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