28, PENNYCRESS WAY, NEWPORT PAGNELL, MK16 8TT - £148,000

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.

28 PENNYCRESS WAY is a very small terraced house of 45m², built sometime between 1991 and 1995, which could now be worth an estimated £189,627. It was last sold for £148,000 in March 2017, which was around 30% below the average March 2017 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

28 PENNYCRESS WAY Sold Prices

Land registry data shows three sales for 28 PENNYCRESS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the three 28 PENNYCRESS 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
2017 24 MAR	£148,000	£212,201	30% below HPI
2007 7 SEP	£131,500	£157,360	16% below HPI
2000 1 SEP	£52,500	£64,768	19% below HPI

28 PENNYCRESS WAY 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 three 28 PENNYCRESS WAY sales between September 2000 and March 2017 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 September 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 28 PENNYCRESS WAY be worth now?

28 PENNYCRESS WAY might now be worth an estimated £189,627.

This is based on house price inflation of 28.1%, between March 2017 and June 2025, 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 28.1% inflationary increase is applied to the most recent sale price for 28 PENNYCRESS WAY of £148,000 on 24th March 2017. For the value to have increased from £148,000 to £189,627 over the seven years and nine months to June 2025, the following assumptions must hold true:

• The value of 28 PENNYCRESS WAY has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The March 2017 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 28 PENNYCRESS WAY has not materially changed since March 2017.

How Large is 28 PENNYCRESS WAY?

28 PENNYCRESS WAY is 45m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of terraced houses houses in Newport Pagnell, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Newport Pagnell, and where 28 PENNYCRESS WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 28 PENNYCRESS WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

28 PENNYCRESS WAY: Plot and Title Map

28 PENNYCRESS WAY sits on a plot of roughly 0.561 of an acre, or 2,271m². The below map shows the location of 28 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 28 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 28 PENNYCRESS WAY?

28 PENNYCRESS WAY is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 28 on PENNYCRESS WAY.