3, NENE CLOSE, NEWPORT PAGNELL, MK16 9DE - £365,000

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

3 NENE CLOSE is a very small extended semi-detached house of 74m², built sometime between 1976 and 1982. It was last sold for £365,000 in December 2023, which was around 28% below the average December 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

3 NENE CLOSE Sold Prices

Land registry data shows five sales for 3 NENE CLOSE 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. All of the five 3 NENE CLOSE 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 13 DEC	£365,000	£509,828	28% below HPI
2021 29 JUL	£335,000	£461,183	27% below HPI
2013 18 JAN	£200,000	£284,119	30% below HPI
2005 6 MAY	£180,000	£254,694	29% below HPI
2004 16 SEP	£185,000	£251,776	27% below HPI

3 NENE 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 five 3 NENE CLOSE sales between September 2004 and December 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 July 2021 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 NENE CLOSE?

3 NENE CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% 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 3 NENE CLOSE lies on this distribution: 9% of detached houses are smaller than 3 NENE CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

3 NENE CLOSE: Plot and Title Map

3 NENE CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 3 NENE 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 NENE 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 NENE CLOSE?

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