2, PIPPIN CLOSE, NEWPORT PAGNELL, MK16 8LJ - £695,000

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 PIPPIN CLOSE is a large extended detached house of 132m², built sometime between 2003 and 2006. It was last sold for £695,000 in September 2023, which was around 35% above the average September 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

2 PIPPIN CLOSE Sold Prices

Land registry data shows two sales for 2 PIPPIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 2 PIPPIN 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
2023 6 SEP	£695,000	£515,329	35% above HPI
2003 30 MAY	£345,000	£225,931	53% above HPI

2 PIPPIN 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 two 2 PIPPIN CLOSE sales from May 2003 and September 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 2003 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the September 2023 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 2 PIPPIN CLOSE?

2 PIPPIN CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 30% 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 PIPPIN CLOSE lies on this distribution: 75% of detached houses are smaller than 2 PIPPIN CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

2 PIPPIN CLOSE: Plot and Title Map

2 PIPPIN CLOSE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 2 PIPPIN 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 PIPPIN 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 PIPPIN CLOSE?

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