34, PANNIER PLACE, DOWNS BARN, MILTON KEYNES, MK14 7QL - £164,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

34 PANNIER PLACE is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £164,000 in December 2005, which was around 35% below the average December 2005 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

34 PANNIER PLACE Sold Prices

Land registry data shows two sales for 34 PANNIER PLACE 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 34 PANNIER PLACE 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
2005 19 DEC	£164,000	£251,356	35% below HPI
2000 9 OCT	£85,000	£149,103	43% below HPI

34 PANNIER PLACE 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 34 PANNIER PLACE sales from October 2000 and December 2005 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 October 2000 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2005 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 34 PANNIER PLACE?

34 PANNIER PLACE is 71m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 10% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 34 PANNIER PLACE lies on this distribution: 5% of detached houses are smaller than 34 PANNIER PLACE, and 94% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

34 PANNIER PLACE: Plot and Title Map

34 PANNIER PLACE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 34 PANNIER PLACE, 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 34 PANNIER PLACE). 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 34 PANNIER PLACE?

34 PANNIER PLACE is located in DOWNS BARN, in the MK14 postcode district. The below map shows the position of No. 34 on PANNIER PLACE.