62, LAKES LANE, NEWPORT PAGNELL, MK16 8HR - £525,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

62 LAKES LANE is a large extended detached house of 129m², built sometime between 1950 and 1966. It was last sold for £525,000 in August 2016, which was around 26% above the average August 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

62 LAKES LANE Sold Prices

Land registry data shows two sales for 62 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 62 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 26 AUG	£525,000	£417,272	26% above HPI
2007 4 APR	£320,000	£279,712	14% above HPI

62 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 62 LAKES LANE sales from April 2007 and August 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 April 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2016 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 62 LAKES LANE?

62 LAKES LANE is 129m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 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 62 LAKES LANE lies on this distribution: 73% of detached houses are smaller than 62 LAKES LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

62 LAKES LANE: Plot and Title Map

62 LAKES LANE sits on a plot of roughly 0.203 of an acre, or 821m². The below map shows the location of 62 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 62 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 62 LAKES LANE?

62 LAKES LANE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 62 on LAKES LANE.