2, UNION STREET, NEWPORT PAGNELL, MK16 8ET - £277,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 UNION STREET is a large extended detached house of 124m², built sometime before 1900, which could now be worth an estimated £360,872. It was last sold for £277,500 in June 2016, which was around 34% 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.

2 UNION STREET Sold Prices

Land registry data shows four sales for 2 UNION STREET 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 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	£422,454	34% below HPI
1998 8 MAY	£101,000	£106,308	5% below HPI
1997 19 SEP	£54,970	£98,796	44% below HPI
1996 23 SEP	£59,995	£89,858	33% below HPI

2 UNION STREET 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 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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 2 UNION STREET be worth now?

2 UNION STREET might now be worth an estimated £360,872.

This is based on house price inflation of 30%, between June 2016 and December 2024, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30% inflationary increase is applied to the most recent sale price for 2 UNION STREET of £277,500 on 10th June 2016. For the value to have increased from £277,500 to £360,872 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of 2 UNION STREET has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2016 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 2 UNION STREET has not materially changed since June 2016.

How Large is 2 UNION STREET?

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 houses in Newport Pagnell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport Pagnell, and where 2 UNION STREET lies on this distribution: 68% of detached houses 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: Plot and Title Map

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.

Where is 2 UNION STREET?

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.