Sold Land

96 HOLLAND WAY

NEWPORT PAGNELL, NEWPORT PAGNELL, MILTON KEYNES MK16 0LW

Listed 10 Oct 2024 (-611d)

£2,000

Guide Price

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# Land for sale (MK16 0LW)

## Property Details

| Key | Value |
|-----|-------|
| Address | 96 HOLLAND WAY, NEWPORT PAGNELL, NEWPORT PAGNELL, MILTON KEYNES MK16 0LW |
| Price | £2,000 |
| Last sold | £165,000 Jul 2007 |

## Description

TO BE SOLD BY ONLINE AUCTION AS LOT 149A ON TUESDAY 29 OCT 2024 - Freehold Land

**Milton Keynes Council**

Situated at the junction with Whitton Way, close to local shopping facilities and a short drive from the amenities available in Milton Keynes City Centre including Milton Keynes Train Station.

**Freehold Land **of approximately** 4,000 sq ft.**

Inspection**: On Site

## Property Photos

- ![Photo](/listings/photos/153617231/264551)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 96 HOLLAND WAY, NEWPORT PAGNELL, MILTON KEYNES, MK16 0LW | £165,000 | 27/07/2007 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| WILLIAMS DISPENSING CHEMIST ELTHORNE WAY, NEWPORT PAGNELL, MILTON KEYNES, MK16 0JR | £50,000 | 11/10/2023 | Other |

**Area average:** £50,000 (1 sale)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £527,500 (4 Other, MK16, 2024–2026)
- **Deviation:** -99.6%

## Rental Range

*ONS Price Index of Private Rents (Milton Keynes). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,199/mo
- **Realistic:** £1,332/mo
- **Optimistic:** £1,465/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Grantham & Newark (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Park View, MK16 | £1,200/mo | 2 | 0.53 miles | OpenRent |
| 2 Bed Flat, High Street, MK16 | £850/mo | 2 | 0.53 miles | OpenRent |
| 2 Bed Flat, Newport Pagnell, MK16 | £2,650/mo | 2 | 0.87 miles | OpenRent |

**Average rent: £1,567/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 60% (strong)
- **Max investor price (0.8%):** £150,000
- **Target investor price (1%):** £120,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,200/mo).*

- **Gross yield:** 720%
- **Cost-to-rent:** 0.1×
- **Monthly cashflow:** £1,047/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2166.5%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 350%
- **10y growth:** -70%

## House Price Index (HM Land Registry)

*Official index for Milton Keynes; All dwelling types series; as of March 2026.*

- **1y growth (index):** -1.2%
- **5y growth (index):** 15.7%
- **10y growth (index):** 28.8%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Listing type

Auction

Photo 1

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Property details

Listing category

Auction

Tenure

FREEHOLD

Last sold

£165,000 Jul 2007

Local average

£527,500 (-99.6%)

Deprivation

Decile 7 (23,067 of 33,755)

Street crime

131 incidents within 1 mile (Apr 2026)

Key features

For sale by online auction
Land

Description

TO BE SOLD BY ONLINE AUCTION AS LOT 149A ON TUESDAY 29 OCT 2024 - Freehold Land

Milton Keynes Council

Situated at the junction with Whitton Way, close to local shopping facilities and a short drive from the amenities available in Milton Keynes City Centre including Milton Keynes Train Station.

Freehold Land of approximately 4,000 sq ft.

Inspection: On Site

Listed by

London

McHugh & Co

Reference: 153617231

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event	Date	Price	% change
Sold	27/07/2007 (18 years ago)	£165,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
WILLIAMS DISPENSING CHEMIST ELTHORNE WAY, NEWPORT PAGNELL, MILTON KEYNES, MK16 0JR	£50,000	11/10/2023	Other

Area average: £50,000 (1 sale)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 350%

10y growth -70%

House Price Index (HM Land Registry — official index, not sold-price averages): Milton Keynes. Series: All dwelling types. As of March 2026.

1y (index) -1.2%

5y (index) 15.7%

10y (index) 28.8%

Rental Range

Estimated market rent for Milton Keynes. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,199/mo

Realistic £1,332/mo

Optimistic £1,465/mo

Based on Local Authority from postcode lookup → Milton Keynes.

LHA (30th percentile) floor for Grantham & Newark: Apr 2025 – Mar 2026

Location

Map view View on Google Maps View on OpenStreetMap Street View MK16 0LW

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Tesco Express	0.2 miles
Shop	Kwik Fit	0.2 miles
Bus stop	Newport Pagnell Annesley Road	0.2 miles
Bus stop	Kingfisher Centre	0.2 miles
Hospital	Willen Hospice	1.4 miles
University	University of Bedfordshire Milton Keynes Campus	3.2 miles
Hospital	Brooklands Health Centre	3.3 miles
Train station	Wolverton	3.4 miles
University	MK:U	3.4 miles
Train station	Milton Keynes Central	3.8 miles

Street-level crime

Category	Count
Violence and sexual offences	45
Shoplifting	21
Anti-social behaviour	15
Burglary	13
Public order	12
Vehicle crime	8
Criminal damage and arson	6
Drugs	3
Other crime	3
Other theft	3
Possession of weapons	1
Robbery	1
Total incidents	131

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Green Park School	Primary	0.2 miles	Good — 24 Feb 2014
E-Act Ousedale School	Secondary	0.3 miles	Good — 31 May 2012
Cedars Primary School	Primary	0.4 miles	Good — 2 Nov 2011
Tickford Park Primary School	Primary	0.5 miles	Good — 15 Nov 2021
Portfields Primary School	Primary	0.8 miles	Good — 4 Jun 2013

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Terraced House, Park View, MK16	£1,200/mo	2	0.53 miles	OpenRent
2 Bed Flat, High Street, MK16	£850/mo	2	0.53 miles	OpenRent
2 Bed Flat, Newport Pagnell, MK16	£2,650/mo	2	0.87 miles	OpenRent

Average rent: £1,567/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 60%

Max investor price (0.8%) £150,000

Target investor price (1%) £120,000

Gross yield 720%

Cost-to-rent ratio 0.1×

Monthly cashflow £1,047/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 2166.5%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).