7, NEWBY PLACE, EMERSON VALLEY, MILTON KEYNES, MK4 2NP - £295,000

7 NEWBY PLACE is a midsized detached house of 130m², built sometime between 1991 and 1995. It was last sold for £295,000 in November 2013, which was around 1% below the average November 2013 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

7 NEWBY PLACE Sold Prices

Land registry data shows two sales for 7 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 7 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
2013 22 NOV	£295,000	£297,600	1% below HPI
1996 14 FEB	£125,000	£83,023	51% above HPI

7 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 7 NEWBY PLACE sales from February 1996 and November 2013 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 February 1996 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the November 2013 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 7 NEWBY PLACE?

7 NEWBY PLACE is 130m² according to the EPC inspection conducted in June 2013. This puts it in the largest 50% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 7 NEWBY PLACE lies on this distribution: 57% of detached houses are smaller than 7 NEWBY PLACE, and 42% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 NEWBY PLACE: Plot and Title Map

7 NEWBY PLACE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 7 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 7 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 7 NEWBY PLACE?

7 NEWBY PLACE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 7 on NEWBY PLACE.