86, PENNYCRESS WAY, NEWPORT PAGNELL, MK16 8TT - £285,000

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

86 PENNYCRESS WAY is a large extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £285,000 in November 2013, which was around 4% below the average November 2013 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

86 PENNYCRESS WAY Sold Prices

Land registry data shows two sales for 86 PENNYCRESS WAY 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. One of the two 86 PENNYCRESS WAY sales was for below the average price, whilst the other 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
2013 25 NOV	£285,000	£297,600	4% below HPI
1997 8 AUG	£112,995	£94,836	19% above HPI

86 PENNYCRESS WAY 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 86 PENNYCRESS WAY sales from August 1997 and November 2013 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 August 1997 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2013 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 86 PENNYCRESS WAY?

86 PENNYCRESS WAY is 120m², which includes one extension, according to the EPC inspection conducted in February 2024. 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 86 PENNYCRESS WAY lies on this distribution: 65% of detached houses are smaller than 86 PENNYCRESS WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

86 PENNYCRESS WAY: Plot and Title Map

86 PENNYCRESS WAY sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 86 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 86 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 86 PENNYCRESS WAY?

86 PENNYCRESS WAY is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 86 on PENNYCRESS WAY.