56, SEVERN DRIVE, NEWPORT PAGNELL, MK16 9DR - £220,000

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

56 SEVERN DRIVE is a small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £220,000 in November 2012, which was around 22% below the average November 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was C.

56 SEVERN DRIVE Sold Prices

Land registry data shows two sales for 56 SEVERN DRIVE 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 56 SEVERN DRIVE 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
2012 12 NOV	£220,000	£282,340	22% below HPI
1996 23 DEC	£67,000	£88,962	25% below HPI

56 SEVERN DRIVE 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 56 SEVERN DRIVE sales from December 1996 and November 2012 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 December 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2012 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 56 SEVERN DRIVE?

56 SEVERN DRIVE is 89m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 30% 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 56 SEVERN DRIVE lies on this distribution: 24% of detached houses are smaller than 56 SEVERN DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

56 SEVERN DRIVE: Plot and Title Map

56 SEVERN DRIVE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 56 SEVERN DRIVE, 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 56 SEVERN DRIVE). 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 56 SEVERN DRIVE?

56 SEVERN DRIVE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 56 on SEVERN DRIVE.