4, THE CANONS, NEWPORT PAGNELL, MK16 9GE - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 THE CANONS is a small detached house of 100m², built sometime between 1996 and 2002. It was last sold for £450,000 in February 2021, which was about the average February 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

4 THE CANONS Sold Prices

Land registry data shows five sales for 4 THE CANONS 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. The five 4 THE CANONS sales were a mix of roughly equal to the average price, above the average price, and 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 26 FEB	£450,000	£449,865	Close to HPI
2011 2 DEC	£250,000	£280,093	11% below HPI
2001 7 SEP	£171,500	£169,774	1% above HPI
2000 20 APR	£140,000	£134,108	4% above HPI
1998 16 OCT	£108,950	£106,585	2% above HPI

4 THE CANONS 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 4 THE CANONS sales between October 1998 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 December 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 4 THE CANONS?

4 THE CANONS is 100m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 40% of detached houses in Newport Pagnell, based on EPC data. The below chart shows the distribution of detached houses by size in Newport Pagnell, and where 4 THE CANONS lies on this distribution: 38% of detached houses are smaller than 4 THE CANONS, and 62% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

4 THE CANONS: Plot and Title Map

4 THE CANONS sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 4 THE CANONS, 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 4 THE CANONS). 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 4 THE CANONS?

4 THE CANONS is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 4 on THE CANONS.