31, NEWPORT ROAD, WAVENDON, MILTON KEYNES, MK17 8AG - £340,000

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.

31 NEWPORT ROAD is a very small extended semi-detached house of 78m², built sometime between 1930 and 1949, which could now be worth an estimated £387,686. It was last sold for £340,000 in February 2022, which was around 15% above the average February 2022 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

31 NEWPORT ROAD Sold Prices

Land registry data shows three sales for 31 NEWPORT ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 31 NEWPORT ROAD 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
2022 25 FEB	£340,000	£295,326	15% above HPI
2000 8 DEC	£90,000	£84,090	7% above HPI
2000 5 JAN	£72,000	£71,157	1% above HPI

31 NEWPORT ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 31 NEWPORT ROAD sales between January 2000 and February 2022 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 December 2000 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 31 NEWPORT ROAD be worth now?

31 NEWPORT ROAD might now be worth an estimated £387,686.

This is based on house price inflation of 14%, between February 2022 and February 2025, for semi-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 14% inflationary increase is applied to the most recent sale price for 31 NEWPORT ROAD of £340,000 on 25th February 2022. For the value to have increased from £340,000 to £387,686 over the three years to February 2025, the following assumptions must hold true:

• The value of 31 NEWPORT ROAD has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The February 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 31 NEWPORT ROAD has not materially changed since February 2022.

How Large is 31 NEWPORT ROAD?

31 NEWPORT ROAD is 78m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of semi-detached houses houses in Wavendon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wavendon, and where 31 NEWPORT ROAD lies on this distribution: 2% of semi-detached houses houses are smaller than 31 NEWPORT ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Wavendon.

31 NEWPORT ROAD: Plot and Title Map

31 NEWPORT ROAD sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of 31 NEWPORT ROAD, 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 31 NEWPORT ROAD). 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 31 NEWPORT ROAD?

31 NEWPORT ROAD is located in WAVENDON, in the MK17 postcode district. The below map shows the position of No. 31 on NEWPORT ROAD.