3, THOMAS DRIVE, NEWPORT PAGNELL, MK16 8TD - £380,000

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 THOMAS DRIVE is a very small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £380,000 in June 2021, which was around 16% below the average June 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

3 THOMAS DRIVE Sold Prices

Land registry data shows two sales for 3 THOMAS DRIVE 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 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
2021 4 JUN	£380,000	£452,914	16% below HPI
1999 8 JUN	£94,000	£114,102	18% below HPI

3 THOMAS 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 two 3 THOMAS DRIVE sales from June 1999 and June 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 June 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 THOMAS DRIVE?

3 THOMAS DRIVE is 84m², which includes one extension, according to the EPC inspection conducted in October 2020. 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 3 THOMAS DRIVE lies on this distribution: 17% of detached houses are smaller than 3 THOMAS DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

3 THOMAS DRIVE: Plot and Title Map

3 THOMAS DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 3 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 3 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.

Where is 3 THOMAS DRIVE?

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