8, TANKARD CLOSE, NEWPORT PAGNELL, MK16 8AG - £415,000

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

8 TANKARD CLOSE is a very small detached house of 64m², built sometime between 2007 and 2011. It was last sold for £415,000 in October 2021, which was around 12% below the average October 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

8 TANKARD CLOSE Sold Prices

Land registry data shows three sales for 8 TANKARD CLOSE since 1^st 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. Two of the three 8 TANKARD CLOSE sales were for below the average price, whilst one was 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
2021 29 OCT	£415,000	£474,086	12% below HPI
2021 29 JUN	£386,000	£452,914	15% below HPI
2008 3 SEP	£300,000	£278,176	8% above HPI

8 TANKARD CLOSE 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 three 8 TANKARD CLOSE sales between September 2008 and October 2021 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 June 2021 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 8 TANKARD CLOSE?

8 TANKARD CLOSE is 64m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% 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 8 TANKARD CLOSE lies on this distribution: 4% of detached houses are smaller than 8 TANKARD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

8 TANKARD CLOSE: Plot and Title Map

8 TANKARD CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 8 TANKARD CLOSE, 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 TANKARD CLOSE). 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 TANKARD CLOSE?

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