# 3 bedroom semi-detached bungalow for sale (MK16 8BN) ## Property Details | Key | Value | |-----|-------| | Address | 3 SHIPLEY ROAD, NEWPORT PAGNELL, MILTON KEYNES MK16 8BN | | Price | £350,000 | | Bedrooms | 3 | | Bathrooms | 1 | | Council tax | C | | Construction age | England and Wales: 1950-1966 | | Floor area | 64 m² | | Last sold | £350,000 Dec 2022 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** B - **Expiry date:** 28/06/2032 - **Current heating cost:** £456/year - **Est. upgrade cost to C:** £14,500 ### Recommendations - W2 (£4,000 - £6,000) - N (£4,000 - £6,000) - U (£3,500 - £5,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/7402-7626-2520-0161-0226) ## Description BUNGALOW on GENEROUS PLOT with separate LOUNGE, conservatory, kitchen, shower room, TWO/THREE bedrooms current bedroom 2 used as dining room, garage and OFF ROAD PARKING with front & REAR GARDENS. Good transport links and close to High street and has NO UPPER CHAIN. Council Tax Band: c (Milton Keynes Council) Tenure: Freehold ## Property Photos - ![Photo](/listings/photos/124276148/611005) - ![Photo](/listings/photos/124276148/611010) - ![Photo](/listings/photos/124276148/611021) - ![Photo](/listings/photos/124276148/611033) - ![Photo](/listings/photos/124276148/611051) - ![Photo](/listings/photos/124276148/611056) - ![Photo](/listings/photos/124276148/611060) - ![Photo](/listings/photos/124276148/611070) - ![Photo](/listings/photos/124276148/611077) - ![Photo](/listings/photos/124276148/611084) - ![Photo](/listings/photos/124276148/611086) - ![Photo](/listings/photos/124276148/611088) - ![Photo](/listings/photos/124276148/611093) - ![Photo](/listings/photos/124276148/611097) - ![Photo](/listings/photos/124276148/611101) - ![Photo](/listings/photos/124276148/611103) ## Floorplans - ![Floorplan 1](/listings/photos/124276148/611106) - Floorplan 1 ## EPC Graphs - ![EPC](/listings/photos/124276148/611113) - EPC ## FENSA Certificates This property has 1 FENSA certificate(s) on record. ### FENSA Certificate #16097289 - **Address:** 3 Shipley Road, NEWPORT PAGNELL, MK16 8BN - **Certificate Issued:** 17/12/2023 - **Work Completed:** 11/12/2023 - **Items:** 1 window(s), 1 door(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 3 SHIPLEY ROAD, NEWPORT PAGNELL, MILTON KEYNES, MK16 8BN | £350,000 | 19/12/2022 | Semi-detached | | 3 SHIPLEY ROAD, NEWPORT PAGNELL, MILTON KEYNES, MK16 8BN | £88,000 | 01/12/1999 | Semi-detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 88 ANNESLEY ROAD, NEWPORT PAGNELL, MILTON KEYNES, MK16 0DQ | £330,000 | 28/11/2025 | Semi-detached | | 8 BYRON DRIVE, NEWPORT PAGNELL, MILTON KEYNES, MK16 8DX | £300,000 | 28/03/2025 | Semi-detached | | 11 MANOR ROAD, NEWPORT PAGNELL, MILTON KEYNES, MK16 8BW | £289,750 | 26/02/2025 | Semi-detached | | [Same street] 19 SHIPLEY ROAD, NEWPORT PAGNELL, MILTON KEYNES, MK16 8BN | £260,000 | 01/12/2023 | Semi-detached | | 33 TENNYSON DRIVE, NEWPORT PAGNELL, MILTON KEYNES, MK16 8PH | £330,000 | 17/11/2023 | Semi-detached | | 12 FOX GATE, NEWPORT PAGNELL, MILTON KEYNES, MK16 8BJ | £325,000 | 13/11/2023 | Semi-detached | | 45 LINFORD AVENUE, NEWPORT PAGNELL, MILTON KEYNES, MK16 8BZ | £450,000 | 06/10/2023 | Semi-detached | | 8 SHIPLEY ROAD, NEWPORT PAGNELL, MILTON KEYNES, MK16 8BP | £345,000 | 19/12/2022 | Semi-detached | | 21 PEARMAIN CLOSE, NEWPORT PAGNELL, MILTON KEYNES, MK16 8FD | £320,000 | 16/12/2022 | Semi-detached | | 30 WALNUT CLOSE, NEWPORT PAGNELL, MILTON KEYNES, MK16 8JH | £270,000 | 23/09/2022 | Semi-detached | | 25 SHELLEY CLOSE, NEWPORT PAGNELL, MILTON KEYNES, MK16 8JB | £280,000 | 16/09/2022 | Semi-detached | | 3 FOX GATE, NEWPORT PAGNELL, MILTON KEYNES, MK16 8BJ | £350,000 | 25/08/2022 | Semi-detached | | 19 WALNUT CLOSE, NEWPORT PAGNELL, MILTON KEYNES, MK16 8JH | £385,000 | 10/08/2022 | Semi-detached | | 26 WALNUT CLOSE, NEWPORT PAGNELL, MILTON KEYNES, MK16 8JH | £318,000 | 05/08/2022 | Semi-detached | | 2A LITTLE LINFORD LANE, NEWPORT PAGNELL, MILTON KEYNES, MK16 8DF | £400,000 | 05/08/2022 | Semi-detached | | 3 ASH HILL ROAD, NEWPORT PAGNELL, MILTON KEYNES, MK16 8BS | £315,000 | 04/08/2022 | Semi-detached | | 6 TENNYSON DRIVE, NEWPORT PAGNELL, MILTON KEYNES, MK16 8PH | £320,000 | 15/07/2022 | Semi-detached | | 15 LINFORD AVENUE, NEWPORT PAGNELL, MILTON KEYNES, MK16 8DD | £250,000 | 07/06/2022 | Semi-detached | | 136 WOLVERTON ROAD, NEWPORT PAGNELL, MILTON KEYNES, MK16 8JQ | £620,000 | 28/03/2022 | Semi-detached | | [Same street] 9 SHIPLEY ROAD, NEWPORT PAGNELL, MILTON KEYNES, MK16 8BN | £278,000 | 16/02/2022 | Semi-detached | | 52 PEARMAIN CLOSE, NEWPORT PAGNELL, MILTON KEYNES, MK16 8FD | £380,000 | 31/01/2022 | Semi-detached | | 72 WOLVERTON ROAD, NEWPORT PAGNELL, MILTON KEYNES, MK16 8JG | £590,000 | 31/01/2022 | Semi-detached | | [Same street] 7 SHIPLEY ROAD, NEWPORT PAGNELL, MILTON KEYNES, MK16 8BN | £267,750 | 09/09/2021 | Semi-detached | **Street average:** £268,583 (3 sales) **Area average:** £358,388 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £350,344 (15 Semi-detached, MK16, 2024–2026) - **Deviation:** -0.1% ## 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).* - **LHA floor (this property size):** £653/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 3 Bed End Terrace, Hornbeam, MK16 | £1,400/mo | 3 | 0.21 miles | OpenRent | | 3 Bed Terraced House, Keats Close, MK16 | £1,500/mo | 3 | 0.26 miles | OpenRent | | 3 Bed Detached House, Cross Street, MK16 | £1,400/mo | 3 | 0.49 miles | OpenRent | **Average rent: £1,433/mo (3 listings)** ## 1% Rule - **Rent ratio:** 0.4% (weak for cashflow) - **Max investor price (0.8%):** £175,000 - **Target investor price (1%):** £140,000 *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 £1,400/mo).* - **Gross yield:** 4.8% - **Cost-to-rent:** 20.8× - **Monthly cashflow:** £-143/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -1.7% *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).* ## Price per Square Metre - **£/m²:** £5,469/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 10.6% - **10y growth:** 5.4% ## House Price Index (HM Land Registry) *Official index for Milton Keynes; Semi-detached series; as of March 2026.* - **1y growth (index):** 0.2% - **5y growth (index):** 19.1% - **10y growth (index):** 33.5% ## 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)