2, NEWBY PLACE, EMERSON VALLEY, MILTON KEYNES, MK4 2NP - £275,000

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.

2 NEWBY PLACE is a midsized detached house of 122m², built sometime between 1983 and 1990, which could now be worth an estimated £532,901. It was last sold for £275,000 in April 2012, which was around 5% below the average April 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

2 NEWBY PLACE Sold Prices

Land registry data shows two sales for 2 NEWBY PLACE 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 2 NEWBY PLACE 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
2012 10 APR	£275,000	£290,272	5% below HPI
1996 3 JUN	£120,000	£87,145	38% above HPI

2 NEWBY PLACE 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 2 NEWBY PLACE sales from June 1996 and April 2012 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 1996 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the April 2012 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 NEWBY PLACE be worth now?

2 NEWBY PLACE might now be worth an estimated £532,901.

This is based on house price inflation of 93.8%, between April 2012 and June 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 93.8% inflationary increase is applied to the most recent sale price for 2 NEWBY PLACE of £275,000 on 10th April 2012. For the value to have increased from £275,000 to £532,901 over the twelve years and ten months to June 2025, the following assumptions must hold true:

• The value of 2 NEWBY PLACE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The April 2012 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEWBY PLACE has not materially changed since April 2012.

How Large is 2 NEWBY PLACE?

2 NEWBY PLACE is 122m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 50% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 2 NEWBY PLACE lies on this distribution: 49% of detached houses houses are smaller than 2 NEWBY PLACE, and 51% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 NEWBY PLACE: Plot and Title Map

2 NEWBY PLACE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 2 NEWBY 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 2 NEWBY 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 2 NEWBY PLACE?

2 NEWBY PLACE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 2 on NEWBY PLACE.