12, DELLS, OLNEY, MK46 5HY - £297,500

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.

12 DELLS is a very small detached house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £443,163. It was last sold for £297,500 in August 2015, which was around 22% below the average August 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

12 DELLS Sold Prices

Land registry data shows four sales for 12 DELLS 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 12 DELLS 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
2015 7 AUG	£297,500	£379,575	22% below HPI
2007 20 MAR	£245,000	£284,296	14% below HPI
2002 30 AUG	£152,000	£205,947	26% below HPI
1997 28 NOV	£75,500	£101,238	25% below HPI

12 DELLS 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 12 DELLS sales between November 1997 and August 2015 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 March 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 12 DELLS be worth now?

12 DELLS might now be worth an estimated £443,163.

This is based on house price inflation of 49%, between August 2015 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 49% inflationary increase is applied to the most recent sale price for 12 DELLS of £297,500 on 7th August 2015. For the value to have increased from £297,500 to £443,163 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 12 DELLS has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The August 2015 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 12 DELLS has not materially changed since August 2015.

How Large is 12 DELLS?

12 DELLS is 89m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses houses in Olney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Olney, and where 12 DELLS lies on this distribution: 13% of detached houses houses are smaller than 12 DELLS, and 86% of houses are larger. Note that EPC data is not available for all properties in Olney.

12 DELLS: Plot and Title Map

12 DELLS sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 12 DELLS, 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 12 DELLS). 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 12 DELLS?

12 DELLS is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 12 on DELLS.