3, HEANEY CLOSE, NEWPORT PAGNELL, MK16 8TJ - £320,000

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.

3 HEANEY CLOSE is a midsized detached house of 116m², built sometime between 1976 and 1982, which could now be worth an estimated £626,795. It was last sold for £320,000 in June 2012, which was around 11% above the average June 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

3 HEANEY CLOSE Sold Prices

Land registry data shows two sales for 3 HEANEY CLOSE 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 3 HEANEY CLOSE 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
2012 27 JUN	£320,000	£288,668	11% above HPI
2006 9 AUG	£280,000	£272,473	3% above HPI

3 HEANEY CLOSE 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 3 HEANEY CLOSE sales from August 2006 and June 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 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2012 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 3 HEANEY CLOSE be worth now?

3 HEANEY CLOSE might now be worth an estimated £626,795.

This is based on house price inflation of 95.9%, between June 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 95.9% inflationary increase is applied to the most recent sale price for 3 HEANEY CLOSE of £320,000 on 27th June 2012. For the value to have increased from £320,000 to £626,795 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 3 HEANEY CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2012 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HEANEY CLOSE has not materially changed since June 2012.

How Large is 3 HEANEY CLOSE?

3 HEANEY CLOSE is 116m² according to the EPC inspection conducted in February 2015. This puts it in the largest 50% 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 3 HEANEY CLOSE lies on this distribution: 58% of detached houses houses are smaller than 3 HEANEY CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

3 HEANEY CLOSE: Plot and Title Map

3 HEANEY CLOSE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 3 HEANEY CLOSE, 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 3 HEANEY CLOSE). 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 3 HEANEY CLOSE?

3 HEANEY CLOSE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 3 on HEANEY CLOSE.