27, WELLAND DRIVE, NEWPORT PAGNELL, MK16 9DX - £394,500

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

27 WELLAND DRIVE is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £394,500 in February 2021, which was around 12% below the average February 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

27 WELLAND DRIVE Sold Prices

Land registry data shows five sales for 27 WELLAND DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Most of the five 27 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
2021 17 FEB	£394,500	£449,865	12% below HPI
2011 14 APR	£250,000	£262,983	5% below HPI
2006 19 DEC	£250,000	£272,536	8% below HPI
2004 5 APR	£249,000	£236,806	5% above HPI
2001 9 JUL	£140,000	£159,300	12% below HPI

27 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 five 27 WELLAND DRIVE sales between July 2001 and February 2021 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 2011 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 27 WELLAND DRIVE?

27 WELLAND DRIVE is 113m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% 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 27 WELLAND DRIVE lies on this distribution: 54% of detached houses are smaller than 27 WELLAND DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

27 WELLAND DRIVE: Plot and Title Map

27 WELLAND DRIVE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 27 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 27 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 27 WELLAND DRIVE?

27 WELLAND DRIVE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 27 on WELLAND DRIVE.