92, RICHMOND WAY, NEWPORT PAGNELL, MK16 0LH - £215,000

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.

92 RICHMOND WAY is a small extended detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £457,564. It was last sold for £215,000 in September 2009, which was around 19% below the average September 2009 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

92 RICHMOND WAY Sold Prices

Land registry data shows four sales for 92 RICHMOND WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 92 RICHMOND 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
2009 8 SEP	£215,000	£265,681	19% below HPI
2005 23 NOV	£195,000	£260,407	25% below HPI
2002 4 OCT	£160,000	£214,398	25% below HPI
1997 27 NOV	£88,995	£101,238	12% below HPI

92 RICHMOND 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 four 92 RICHMOND WAY sales between November 1997 and September 2009 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 November 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2009 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 92 RICHMOND WAY be worth now?

92 RICHMOND WAY might now be worth an estimated £457,564.

This is based on house price inflation of 112.8%, between September 2009 and February 2025, for detached 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 112.8% inflationary increase is applied to the most recent sale price for 92 RICHMOND WAY of £215,000 on 8th September 2009. For the value to have increased from £215,000 to £457,564 over the sixteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 92 RICHMOND WAY has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The September 2009 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 92 RICHMOND WAY has not materially changed since September 2009.

How Large is 92 RICHMOND WAY?

92 RICHMOND WAY is 97m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 40% of detached houses houses in Newport Pagnell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport Pagnell, and where 92 RICHMOND WAY lies on this distribution: 33% of detached houses houses are smaller than 92 RICHMOND WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

92 RICHMOND WAY: Plot and Title Map

92 RICHMOND WAY sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 92 RICHMOND 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 92 RICHMOND 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 92 RICHMOND WAY?

92 RICHMOND WAY is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 92 on RICHMOND WAY.