22, WELLAND DRIVE, NEWPORT PAGNELL, MK16 9DX - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 WELLAND DRIVE is a very small detached house of 87m², built sometime between 1983 and 1990, which could now be worth an estimated £435,925. It was last sold for £225,000 in November 2012, which was around 23% below the average November 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

22 WELLAND DRIVE Sold Prices

Land registry data shows two sales for 22 WELLAND DRIVE 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 22 WELLAND DRIVE 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
2012 23 NOV	£225,000	£291,840	23% below HPI
2000 22 AUG	£105,000	£148,602	29% below HPI

22 WELLAND DRIVE 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 22 WELLAND DRIVE sales from August 2000 and November 2012 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 August 2000 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2012 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 22 WELLAND DRIVE be worth now?

22 WELLAND DRIVE might now be worth an estimated £435,925.

This is based on house price inflation of 93.7%, between November 2012 and February 2025, 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 93.7% inflationary increase is applied to the most recent sale price for 22 WELLAND DRIVE of £225,000 on 23rd November 2012. For the value to have increased from £225,000 to £435,925 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 22 WELLAND DRIVE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The November 2012 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 22 WELLAND DRIVE has not materially changed since November 2012.

How Large is 22 WELLAND DRIVE?

22 WELLAND DRIVE is 87m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% 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 22 WELLAND DRIVE lies on this distribution: 20% of detached houses houses are smaller than 22 WELLAND DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

22 WELLAND DRIVE: Plot and Title Map

22 WELLAND DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 22 WELLAND DRIVE, 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 22 WELLAND DRIVE). 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 22 WELLAND DRIVE?

22 WELLAND DRIVE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 22 on WELLAND DRIVE.