1, COURT CORNER, OLNEY, MK46 5QH - £365,000

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

1 COURT CORNER is a very small extended detached house of 81m², built sometime between 1991 and 1995. It was last sold for £365,000 in August 2023, which was around 29% below the average August 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

1 COURT CORNER Sold Prices

Land registry data shows four sales for 1 COURT CORNER since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 1 COURT CORNER 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
2023 25 AUG	£365,000	£514,672	29% below HPI
2018 30 JAN	£280,000	£435,652	36% below HPI
2011 14 JAN	£180,000	£275,860	35% below HPI
2000 5 DEC	£100,000	£150,700	34% below HPI

1 COURT CORNER 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 four 1 COURT CORNER sales between December 2000 and August 2023 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 January 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2023 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 COURT CORNER?

1 COURT CORNER is 81m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 1 COURT CORNER lies on this distribution: 9% of detached houses are smaller than 1 COURT CORNER, and 90% of houses are larger. Note that EPC data is not available for all properties in Olney.

1 COURT CORNER: Plot and Title Map

1 COURT CORNER sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 1 COURT CORNER, 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 1 COURT CORNER). 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 1 COURT CORNER?

1 COURT CORNER is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 1 on COURT CORNER.