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
25 THOMAS DRIVE is a very small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £378,500 in July 2023, which was around 26% below the average July 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 25 THOMAS DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 25 THOMAS 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 |
---|---|---|---|
2023 28 JUL | £378,500 | £514,319 | 26% below HPI |
2013 25 APR | £235,000 | £285,169 | 18% below HPI |
1997 28 NOV | £87,500 | £97,943 | 11% 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 three 25 THOMAS DRIVE sales between November 1997 and July 2023 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 April 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
25 THOMAS DRIVE is 84m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% 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 25 THOMAS DRIVE lies on this distribution: 17% of detached houses are smaller than 25 THOMAS DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.
25 THOMAS DRIVE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 25 THOMAS 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 25 THOMAS 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.
25 THOMAS DRIVE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 25 on THOMAS DRIVE.