16, CAREY WAY, OLNEY, MK46 4DR - £300,000

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

16 CAREY WAY is a small extended detached house of 101m², built sometime between 1976 and 1982. It was last sold for £300,000 in August 2015, which was around 18% below the average August 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.

16 CAREY WAY Sold Prices

Land registry data shows three sales for 16 CAREY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Two of the three 16 CAREY WAY sales were for below the average price, whilst one was 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
2015 5 AUG	£300,000	£367,219	18% below HPI
1999 22 OCT	£124,500	£125,173	1% below HPI
1997 19 SEP	£110,000	£95,580	15% above HPI

16 CAREY WAY 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 three 16 CAREY WAY sales between September 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 October 1999 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 16 CAREY WAY?

16 CAREY WAY is 101m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the smallest 30% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 16 CAREY WAY lies on this distribution: 28% of detached houses are smaller than 16 CAREY WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Olney.

16 CAREY WAY: Plot and Title Map

16 CAREY WAY sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 16 CAREY WAY, 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 16 CAREY WAY). 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 16 CAREY WAY?

16 CAREY WAY is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 16 on CAREY WAY.