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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

34A LAKES LANE is a very large extended detached house of 215m², built sometime between 1996 and 2002, which could now be worth an estimated £979,002. It was last sold for £765,000 in October 2019, which was around 73% 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	£441,827	73% above HPI
1999 10 SEP	£290,000	£125,529	131% above HPI
1997 10 JAN	£215,000	£92,375	133% 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 131% above the HPI. So the extrapolation line tracks at 131% above the HPI over time, until the October 2019 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might 34A LAKES LANE be worth now?

34A LAKES LANE might now be worth an estimated £979,002.

This is based on house price inflation of 28%, between October 2019 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28% inflationary increase is applied to the most recent sale price for 34A LAKES LANE of £765,000 on 25th October 2019. For the value to have increased from £765,000 to £979,002 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 34A LAKES LANE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The October 2019 sale price of £765,000 represented a fair market value for the property.
• The size, condition, and specification of 34A LAKES LANE has not materially changed since October 2019.

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 houses in Newport Pagnell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport Pagnell, and where 34A LAKES LANE lies on this distribution: 98% of detached houses 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.