2, THE LODGE PARK, NEWPORT PAGNELL, MK16 8BD - £1,060,000

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 LODGE PARK is a very large extended detached house of 227m², built sometime between 1983 and 1990. It was last sold for £1,060,000 in August 2022, which was around 106% above the average August 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

2 THE LODGE PARK Sold Prices

Land registry data shows four sales for 2 THE LODGE PARK 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 THE LODGE PARK 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
2022 9 AUG	£1,060,000	£514,949	106% above HPI
2001 29 JUN	£320,000	£154,890	107% above HPI
1997 28 NOV	£185,000	£97,943	89% above HPI
1995 10 MAR	£170,000	£81,992	107% above HPI

2 THE LODGE PARK 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 THE LODGE PARK sales between March 1995 and August 2022 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 June 2001 sale was for 107% above the HPI. So the extrapolation line tracks at 107% above the HPI over time, until the August 2022 sale, where it falls to 106% above the HPI. The line then continues to track at 106% above the HPI.

How Large is 2 THE LODGE PARK?

2 THE LODGE PARK is 227m², which includes three extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 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 THE LODGE PARK lies on this distribution: 98% of detached houses are smaller than 2 THE LODGE PARK, and 2% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

2 THE LODGE PARK: Plot and Title Map

2 THE LODGE PARK sits on a plot of roughly 0.344 of an acre, or 1,393m². The below map shows the location of 2 THE LODGE PARK, 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 LODGE PARK). 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 LODGE PARK?

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