8, PENNYCRESS WAY, NEWPORT PAGNELL, MK16 8TT - £114,500

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.

8 PENNYCRESS WAY is a very small terraced house of 45m², built sometime between 1996 and 2002, which could now be worth an estimated £229,196. It was last sold for £114,500 in July 2006, which was around 16% below the average July 2006 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

8 PENNYCRESS WAY Sold Prices

Land registry data shows three sales for 8 PENNYCRESS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the three 8 PENNYCRESS WAY 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
2006 21 JUL	£114,500	£136,949	16% below HPI
1999 8 SEP	£39,995	£55,287	28% below HPI
1995 31 AUG	£32,000	£39,971	20% below HPI

8 PENNYCRESS WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 8 PENNYCRESS WAY sales between August 1995 and July 2006 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 September 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2006 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 8 PENNYCRESS WAY be worth now?

8 PENNYCRESS WAY might now be worth an estimated £229,196.

This is based on house price inflation of 100.2%, between July 2006 and July 2025, for terraced 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 100.2% inflationary increase is applied to the most recent sale price for 8 PENNYCRESS WAY of £114,500 on 21st July 2006. For the value to have increased from £114,500 to £229,196 over the nineteen years to July 2025, the following assumptions must hold true:

• The value of 8 PENNYCRESS WAY has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The July 2006 sale price of £114,500 represented a fair market value for the property.
• The size, condition, and specification of 8 PENNYCRESS WAY has not materially changed since July 2006.

How Large is 8 PENNYCRESS WAY?

8 PENNYCRESS WAY is 45m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of terraced houses houses in Newport Pagnell, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Newport Pagnell, and where 8 PENNYCRESS WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 8 PENNYCRESS WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

8 PENNYCRESS WAY: Plot and Title Map

8 PENNYCRESS WAY sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 8 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 8 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.

Where is 8 PENNYCRESS WAY?

8 PENNYCRESS WAY is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 8 on PENNYCRESS WAY.