36, LAKES LANE, NEWPORT PAGNELL, MK16 8HR - £589,000

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

36 LAKES LANE is a very large detached house of 165m², built sometime between 1976 and 1982. It was last sold for £589,000 in January 2016, which was around 51% above the average January 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

36 LAKES LANE Sold Prices

Land registry data shows two sales for 36 LAKES 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 36 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
2016 15 JAN	£589,000	£390,376	51% above HPI
2002 28 MAR	£330,000	£176,785	87% above HPI

36 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 two 36 LAKES LANE sales from March 2002 and January 2016 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 2002 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the January 2016 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 36 LAKES LANE?

36 LAKES LANE is 165m² according to the EPC inspection conducted in April 2011. 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 36 LAKES LANE lies on this distribution: 92% of detached houses are smaller than 36 LAKES LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

36 LAKES LANE: Plot and Title Map

36 LAKES LANE sits on a plot of roughly 0.301 of an acre, or 1,220m². The below map shows the location of 36 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 36 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 36 LAKES LANE?

36 LAKES LANE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 36 on LAKES LANE.