47, LAKES LANE, NEWPORT PAGNELL, MK16 8HT - £550,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

47 LAKES LANE is a very large extended semi-detached house of 150m², built sometime between 1930 and 1949. It was last sold for £550,000 in June 2020, which was around 30% above the average June 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

47 LAKES LANE Sold Prices

Land registry data shows four sales for 47 LAKES LANE 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. two of the four 47 LAKES LANE sales were for above the average price, and four 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
2020 11 JUN	£550,000	£423,780	30% above HPI
2006 20 JUL	£276,000	£262,329	5% above HPI
2004 8 JUL	£242,000	£248,985	3% below HPI
1996 3 DEC	£75,500	£88,962	15% below HPI

47 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 four 47 LAKES LANE sales between December 1996 and June 2020 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 July 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2020 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 47 LAKES LANE?

47 LAKES LANE is 150m², which includes four extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 20% 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 47 LAKES LANE lies on this distribution: 85% of detached houses are smaller than 47 LAKES LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

47 LAKES LANE: Plot and Title Map

47 LAKES LANE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 47 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 47 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 47 LAKES LANE?

47 LAKES LANE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 47 on LAKES LANE.