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
31 CROMWELL AVENUE is a large extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £365,000 in December 2015, which was around 5% below the average December 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 31 CROMWELL AVENUE since 1st 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 31 CROMWELL AVENUE 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 |
---|---|---|---|
2015 18 DEC | £365,000 | £385,669 | 5% below HPI |
1997 21 MAR | £79,250 | £87,083 | 9% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 31 CROMWELL AVENUE sales from March 1997 and December 2015 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 March 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2015 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
31 CROMWELL AVENUE is 119m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 40% 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 31 CROMWELL AVENUE lies on this distribution: 63% of detached houses are smaller than 31 CROMWELL AVENUE, and 36% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.
31 CROMWELL AVENUE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 31 CROMWELL AVENUE, 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 31 CROMWELL AVENUE). 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.
31 CROMWELL AVENUE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 31 on CROMWELL AVENUE.