12, DELLS, OLNEY, MK46 5HY - £297,500

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

12 DELLS is a very small detached house of 89m², built sometime between 1976 and 1982. It was last sold for £297,500 in August 2015, which was around 19% 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	£367,219	19% below HPI
2007 20 MAR	£245,000	£275,041	11% below HPI
2002 30 AUG	£152,000	£199,243	24% below HPI
1997 28 NOV	£75,500	£97,943	23% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

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 in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 12 DELLS lies on this distribution: 14% of detached houses are smaller than 12 DELLS, and 85% 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.