37, PANNIER PLACE, DOWNS BARN, MILTON KEYNES, MK14 7QJ - £177,000

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

37 PANNIER PLACE is a very small extended detached house of 90m², built sometime between 1976 and 1982. It was last sold for £177,000 in August 2023, which was around 65% below the average August 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

37 PANNIER PLACE Sold Prices

Land registry data shows two sales for 37 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 37 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
2023 29 AUG	£177,000	£512,712	65% below HPI
2017 30 MAR	£120,000	£428,755	72% below HPI

37 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 37 PANNIER PLACE sales from March 2017 and August 2023 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 2017 sale was for 72% below the HPI. So the extrapolation line tracks at 72% below the HPI over time, until the August 2023 sale, where it rises to 65% below the HPI. The line then continues to track at 65% below the HPI.

How Large is 37 PANNIER PLACE?

37 PANNIER PLACE is 90m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% 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 37 PANNIER PLACE lies on this distribution: 19% of detached houses are smaller than 37 PANNIER PLACE, and 80% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

37 PANNIER PLACE: Plot and Title Map

37 PANNIER PLACE sits on a plot of roughly 0.070 of an acre, or 281m². The below map shows the location of 37 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 37 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 37 PANNIER PLACE?

37 PANNIER PLACE is located in DOWNS BARN, in the MK14 postcode district. The below map shows the position of No. 37 on PANNIER PLACE.