1, NEAR TOWN, OLNEY, MK46 4AN - £250,000

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.

1 NEAR TOWN is a very small extended semi-detached house of 85m², built sometime before 1900, which could now be worth an estimated £517,424. It was last sold for £250,000 in April 2010, which was around 54% above the average April 2010 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

1 NEAR TOWN Sold Prices

Land registry data shows three sales for 1 NEAR TOWN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 1 NEAR TOWN sales were 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
2010 30 APR	£250,000	£162,703	54% above HPI
2006 31 MAY	£255,000	£157,199	62% above HPI
2003 5 DEC	£250,000	£139,680	79% above HPI

1 NEAR TOWN Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 1 NEAR TOWN sales between December 2003 and April 2010 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 May 2006 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the April 2010 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 1 NEAR TOWN be worth now?

1 NEAR TOWN might now be worth an estimated £517,424.

This is based on house price inflation of 107%, between April 2010 and February 2025, for semi-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 107% inflationary increase is applied to the most recent sale price for 1 NEAR TOWN of £250,000 on 30th April 2010. For the value to have increased from £250,000 to £517,424 over the fifteen years and two months to February 2025, the following assumptions must hold true:

• The value of 1 NEAR TOWN has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The April 2010 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NEAR TOWN has not materially changed since April 2010.

How Large is 1 NEAR TOWN?

1 NEAR TOWN is 85m², which includes three extensions, according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of semi-detached houses houses in Olney, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Olney, and where 1 NEAR TOWN lies on this distribution: 12% of semi-detached houses houses are smaller than 1 NEAR TOWN, and 88% of houses are larger. Note that EPC data is not available for all properties in Olney.

1 NEAR TOWN: Plot and Title Map

1 NEAR TOWN sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 1 NEAR TOWN, 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 NEAR TOWN). 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 NEAR TOWN?

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