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
79 PENNYCRESS WAY is a large extended detached house of 120m², built sometime between 1991 and 1995. It was last sold for £295,000 in June 2014, which was around 9% below the average June 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 79 PENNYCRESS WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. One of the three 79 PENNYCRESS WAY sales was for below the average price, whilst two 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 |
---|---|---|---|
2014 20 JUN | £295,000 | £323,731 | 9% below HPI |
2002 20 DEC | £225,000 | £216,960 | 4% above HPI |
1997 23 MAY | £107,500 | £89,492 | 20% above HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 79 PENNYCRESS WAY sales between May 1997 and June 2014 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 2002 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2014 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
79 PENNYCRESS WAY is 120m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 40% 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 79 PENNYCRESS WAY lies on this distribution: 65% of detached houses are smaller than 79 PENNYCRESS WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.
79 PENNYCRESS WAY sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 79 PENNYCRESS WAY, 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 79 PENNYCRESS WAY). 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.
79 PENNYCRESS WAY is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 79 on PENNYCRESS WAY.