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 UNION STREET is a large extended detached house of 124m², built sometime before 1900. It was last sold for £277,500 in June 2016, which was around 32% below the average June 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 2 UNION STREET since 1st 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 UNION 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 |
---|---|---|---|
2016 10 JUN | £277,500 | £408,702 | 32% below HPI |
1998 8 MAY | £101,000 | £102,848 | 2% below HPI |
1997 19 SEP | £54,970 | £95,580 | 42% below HPI |
1996 23 SEP | £59,995 | £86,933 | 31% below HPI |
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 UNION STREET sales between September 1996 and June 2016 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 1998 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.
2 UNION STREET is 124m², which includes three extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 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 UNION STREET lies on this distribution: 68% of detached houses are smaller than 2 UNION STREET, and 31% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.
2 UNION STREET sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 2 UNION 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 UNION 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.
2 UNION STREET is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 2 on UNION STREET.