2, THE CANONS, NEWPORT PAGNELL, MK16 9GE - £450,000

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 THE CANONS is a small detached house of 101m², built sometime between 1996 and 2002. It was last sold for £450,000 in January 2021, which was about the average January 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

2 THE CANONS Sold Prices

Land registry data shows two sales for 2 THE CANONS 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. One of the two 2 THE CANONS sales was roughly equal to the average price, whilst the other was 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
2021 29 JAN	£450,000	£449,211	Close to HPI
2016 23 MAR	£347,500	£407,266	15% below HPI

2 THE CANONS 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 THE CANONS sales from March 2016 and January 2021 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 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 THE CANONS?

2 THE CANONS is 101m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 40% 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 THE CANONS lies on this distribution: 39% of detached houses are smaller than 2 THE CANONS, and 61% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

2 THE CANONS: Plot and Title Map

2 THE CANONS sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 2 THE CANONS, 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 THE CANONS). 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 THE CANONS?

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