2, SITWELL CLOSE, NEWPORT PAGNELL, MK16 8QR - £375,000

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 SITWELL CLOSE is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £375,000 in January 2024, which was around 27% below the average January 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was A.

2 SITWELL CLOSE Sold Prices

Land registry data shows two sales for 2 SITWELL 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 SITWELL 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
2024 12 JAN	£375,000	£515,098	27% below HPI
2007 31 JUL	£220,000	£291,864	25% below HPI

2 SITWELL 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 SITWELL CLOSE sales from July 2007 and January 2024 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 July 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 SITWELL CLOSE?

2 SITWELL CLOSE is 65m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% 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 SITWELL CLOSE lies on this distribution: 4% of detached houses are smaller than 2 SITWELL CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

2 SITWELL CLOSE: Plot and Title Map

2 SITWELL CLOSE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 2 SITWELL 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 SITWELL 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 SITWELL CLOSE?

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