32, NORWOOD LANE, NEWPORT PAGNELL, MK16 0PG - £377,000

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

32 NORWOOD LANE is a small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £377,000 in December 2022, which was around 29% below the average December 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

32 NORWOOD LANE Sold Prices

Land registry data shows two sales for 32 NORWOOD LANE 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 32 NORWOOD LANE 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
2022 5 DEC	£377,000	£532,265	29% below HPI
1998 3 JUL	£81,000	£106,241	24% below HPI

32 NORWOOD LANE 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 32 NORWOOD LANE sales from July 1998 and December 2022 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 1998 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 32 NORWOOD LANE?

32 NORWOOD LANE is 89m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% 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 32 NORWOOD LANE lies on this distribution: 23% of detached houses are smaller than 32 NORWOOD LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

32 NORWOOD LANE: Plot and Title Map

32 NORWOOD LANE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 32 NORWOOD LANE, 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 32 NORWOOD LANE). 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 32 NORWOOD LANE?

32 NORWOOD LANE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 32 on NORWOOD LANE.