34A, LAKES LANE, NEWPORT PAGNELL, MK16 8HR - £765,000

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

34A LAKES LANE is a very large extended detached house of 215m², built sometime between 1996 and 2002. It was last sold for £765,000 in October 2019, which was around 79% above the average October 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

34A LAKES LANE Sold Prices

Land registry data shows three sales for 34A LAKES LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 34A LAKES LANE sales were for above 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
2019 25 OCT	£765,000	£427,444	79% above HPI
1999 10 SEP	£290,000	£121,443	139% above HPI
1997 10 JAN	£215,000	£89,368	141% above HPI

34A LAKES 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 three 34A LAKES LANE sales between January 1997 and October 2019 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 September 1999 sale was for 139% above the HPI. So the extrapolation line tracks at 139% above the HPI over time, until the October 2019 sale, where it falls to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is 34A LAKES LANE?

34A LAKES LANE is 215m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 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 34A LAKES LANE lies on this distribution: 98% of detached houses are smaller than 34A LAKES LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

34A LAKES LANE: Plot and Title Map

34A LAKES LANE sits on a plot of roughly 0.279 of an acre, or 1,128m². The below map shows the location of 34A LAKES 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 34A LAKES 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 34A LAKES LANE?

34A LAKES LANE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 34A on LAKES LANE.