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

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

7 SEVERN DRIVE is a large detached house of 126m², built sometime between 1967 and 1975. It was last sold for £490,000 in March 2019, which was around 15% 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	£424,286	15% above HPI
2000 11 DEC	£170,000	£150,700	13% 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 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2019 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

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 in Newport Pagnell, based on EPC data. The below chart shows the distribution of detached houses by size in Newport Pagnell, and where 7 SEVERN DRIVE lies on this distribution: 70% of detached houses are smaller than 7 SEVERN DRIVE, and 29% 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.