7, SEVERN DRIVE, NEWPORT PAGNELL, MK16 9BU - £490,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 SEVERN DRIVE is a large detached house of 126m², built sometime between 1967 and 1975, which could now be worth an estimated £631,741. It was last sold for £490,000 in March 2019, which was around 12% above the average March 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

7 SEVERN DRIVE Sold Prices

Land registry data shows two sales for 7 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 7 SEVERN DRIVE 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
2019 22 MAR	£490,000	£438,562	12% above HPI
2000 11 DEC	£170,000	£155,771	9% above HPI

7 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 7 SEVERN DRIVE sales from December 2000 and March 2019 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 2000 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2019 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 7 SEVERN DRIVE be worth now?

7 SEVERN DRIVE might now be worth an estimated £631,741.

This is based on house price inflation of 28.9%, between March 2019 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.9% inflationary increase is applied to the most recent sale price for 7 SEVERN DRIVE of £490,000 on 22nd March 2019. For the value to have increased from £490,000 to £631,741 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 7 SEVERN DRIVE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The March 2019 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SEVERN DRIVE has not materially changed since March 2019.

How Large is 7 SEVERN DRIVE?

7 SEVERN DRIVE is 126m² according to the EPC inspection conducted in September 2017. This puts it in the largest 30% of detached houses houses in Newport Pagnell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport Pagnell, and where 7 SEVERN DRIVE lies on this distribution: 70% of detached houses houses are smaller than 7 SEVERN DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

7 SEVERN DRIVE: Plot and Title Map

7 SEVERN DRIVE sits on a plot of roughly 0.349 of an acre, or 1,412m². The below map shows the location of 7 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 7 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 7 SEVERN DRIVE?

7 SEVERN DRIVE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 7 on SEVERN DRIVE.