27, WELLAND DRIVE, NEWPORT PAGNELL, MK16 9DX - £394,500

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.

27 WELLAND DRIVE is a midsized extended detached house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £478,536. It was last sold for £394,500 in February 2021, which was around 15% below the average February 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

27 WELLAND DRIVE Sold Prices

Land registry data shows five sales for 27 WELLAND DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Most of the five 27 WELLAND DRIVE 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
2021 17 FEB	£394,500	£465,002	15% below HPI
2011 14 APR	£250,000	£271,832	8% below HPI
2006 19 DEC	£250,000	£281,707	11% below HPI
2004 5 APR	£249,000	£244,774	2% above HPI
2001 9 JUL	£140,000	£164,660	15% below HPI

27 WELLAND DRIVE 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 five 27 WELLAND DRIVE sales between July 2001 and February 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 April 2011 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 27 WELLAND DRIVE be worth now?

27 WELLAND DRIVE might now be worth an estimated £478,536.

This is based on house price inflation of 21.3%, between February 2021 and July 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 21.3% inflationary increase is applied to the most recent sale price for 27 WELLAND DRIVE of £394,500 on 17th February 2021. For the value to have increased from £394,500 to £478,536 over the three years and seven months to July 2025, the following assumptions must hold true:

• The value of 27 WELLAND DRIVE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The February 2021 sale price of £394,500 represented a fair market value for the property.
• The size, condition, and specification of 27 WELLAND DRIVE has not materially changed since February 2021.

How Large is 27 WELLAND DRIVE?

27 WELLAND DRIVE is 113m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% 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 27 WELLAND DRIVE lies on this distribution: 53% of detached houses houses are smaller than 27 WELLAND DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

27 WELLAND DRIVE: Plot and Title Map

27 WELLAND DRIVE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 27 WELLAND DRIVE, 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 27 WELLAND DRIVE). 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 27 WELLAND DRIVE?

27 WELLAND DRIVE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 27 on WELLAND DRIVE.