16, PANNIER PLACE, DOWNS BARN, MILTON KEYNES, MK14 7QL - £79,000

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.

16 PANNIER PLACE is a very small extended terraced house of 87m², built sometime between 1976 and 1982, which could now be worth an estimated £368,726. It was last sold for £79,000 in October 1999, which was around 39% above the average October 1999 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

16 PANNIER PLACE Sold Prices

Land registry data shows two sales for 16 PANNIER PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 16 PANNIER PLACE sales 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
1999 22 OCT	£79,000	£56,849	39% above HPI
1996 12 APR	£49,500	£39,517	25% above HPI

16 PANNIER PLACE 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 two 16 PANNIER PLACE sales from April 1996 and October 1999 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 April 1996 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 1999 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 16 PANNIER PLACE be worth now?

16 PANNIER PLACE might now be worth an estimated £368,726.

This is based on house price inflation of 366.7%, between October 1999 and April 2026, 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 366.7% inflationary increase is applied to the most recent sale price for 16 PANNIER PLACE of £79,000 on 22nd October 1999. For the value to have increased from £79,000 to £368,726 over the 27 years and six months to April 2026, the following assumptions must hold true:

• The value of 16 PANNIER PLACE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The October 1999 sale price of £79,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PANNIER PLACE has not materially changed since October 1999.

How Large is 16 PANNIER PLACE?

16 PANNIER PLACE is 87m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of terraced houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Milton Keynes, and where 16 PANNIER PLACE lies on this distribution: 16% of terraced houses houses are smaller than 16 PANNIER PLACE, and 84% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 PANNIER PLACE: Plot and Title Map

16 PANNIER PLACE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 16 PANNIER PLACE, 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 16 PANNIER PLACE). 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 16 PANNIER PLACE?

16 PANNIER PLACE is located in DOWNS BARN, in the MK14 postcode district. The below map shows the position of No. 16 on PANNIER PLACE.