4, PENNYROYAL, WALNUT TREE, MILTON KEYNES, MK7 7NP - £168,000

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

4 PENNYROYAL is a very small detached house of 67m², built sometime between 1991 and 1995. It was last sold for £168,000 in March 2006, which was around 34% below the average March 2006 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

4 PENNYROYAL Sold Prices

Land registry data shows four sales for 4 PENNYROYAL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 4 PENNYROYAL 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
2006 16 MAR	£168,000	£254,802	34% below HPI
2004 20 AUG	£169,995	£248,498	32% below HPI
1998 4 SEP	£75,500	£106,100	29% below HPI
1997 19 DEC	£68,950	£97,820	30% below HPI

4 PENNYROYAL 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 four 4 PENNYROYAL sales between December 1997 and March 2006 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 August 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2006 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 4 PENNYROYAL?

4 PENNYROYAL is 67m² according to the EPC inspection conducted in February 2024. 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 4 PENNYROYAL lies on this distribution: 4% of detached houses are smaller than 4 PENNYROYAL, and 96% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

4 PENNYROYAL: Plot and Title Map

4 PENNYROYAL sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 4 PENNYROYAL, 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 4 PENNYROYAL). 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 4 PENNYROYAL?

4 PENNYROYAL is located in WALNUT TREE, in the MK7 postcode district. The below map shows the position of No. 4 on PENNYROYAL.