29, PASTERN PLACE, DOWNS BARN, MILTON KEYNES, MK14 7RB - £545,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

29 PASTERN PLACE is a very large extended detached house of 196m², built sometime between 1996 and 2002. It was last sold for £545,000 in February 2021, which was around 21% above the average February 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

29 PASTERN PLACE Sold Prices

Land registry data shows two sales for 29 PASTERN PLACE 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 29 PASTERN PLACE sales were for above 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 15 FEB	£545,000	£449,865	21% above HPI
1999 25 NOV	£145,950	£126,613	15% above HPI

29 PASTERN PLACE 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 29 PASTERN PLACE sales from November 1999 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 November 1999 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2021 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 29 PASTERN PLACE?

29 PASTERN PLACE is 196m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 29 PASTERN PLACE lies on this distribution: 91% of detached houses are smaller than 29 PASTERN PLACE, and 9% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

29 PASTERN PLACE: Plot and Title Map

29 PASTERN PLACE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 29 PASTERN PLACE, 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 29 PASTERN PLACE). 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 29 PASTERN PLACE?

29 PASTERN PLACE is located in DOWNS BARN, in the MK14 postcode district. The below map shows the position of No. 29 on PASTERN PLACE.