8, MASEFIELD CLOSE, NEWPORT PAGNELL, MK16 8DZ - £360,000

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.

8 MASEFIELD CLOSE is a small extended detached house of 95m², built sometime between 1976 and 1982, which could now be worth an estimated £388,899. It was last sold for £360,000 in March 2024, which was around 31% below the average March 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

8 MASEFIELD CLOSE Sold Prices

Land registry data shows three sales for 8 MASEFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 8 MASEFIELD CLOSE 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
2024 15 MAR	£360,000	£523,408	31% below HPI
2006 28 JUL	£202,000	£271,155	26% below HPI
1997 7 AUG	£72,000	£98,027	27% below HPI

8 MASEFIELD CLOSE 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 three 8 MASEFIELD CLOSE sales between August 1997 and March 2024 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 July 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2024 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 8 MASEFIELD CLOSE be worth now?

8 MASEFIELD CLOSE might now be worth an estimated £388,899.

This is based on house price inflation of 8%, between March 2024 and February 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 8% inflationary increase is applied to the most recent sale price for 8 MASEFIELD CLOSE of £360,000 on 15th March 2024. For the value to have increased from £360,000 to £388,899 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 8 MASEFIELD CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The March 2024 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MASEFIELD CLOSE has not materially changed since March 2024.

How Large is 8 MASEFIELD CLOSE?

8 MASEFIELD CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 40% 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 8 MASEFIELD CLOSE lies on this distribution: 31% of detached houses houses are smaller than 8 MASEFIELD CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

8 MASEFIELD CLOSE: Plot and Title Map

8 MASEFIELD CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 8 MASEFIELD CLOSE, 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 8 MASEFIELD CLOSE). 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 8 MASEFIELD CLOSE?

8 MASEFIELD CLOSE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 8 on MASEFIELD CLOSE.