16, OLNEY ROAD, LAVENDON, OLNEY, MK46 4EU - £265,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 OLNEY ROAD is a midsized extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £265,000 in July 2015, which was around 26% below the average July 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

16 OLNEY ROAD Sold Prices

Land registry data shows two sales for 16 OLNEY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 16 OLNEY ROAD 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 17 JUL	£265,000	£360,200	26% below HPI
2008 15 OCT	£184,500	£267,153	31% below HPI

16 OLNEY ROAD 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 two 16 OLNEY ROAD sales from October 2008 and July 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 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2015 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 16 OLNEY ROAD?

16 OLNEY ROAD is 132m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses in Lavendon, based on EPC data. The below chart shows the distribution of detached houses by size in Lavendon, and where 16 OLNEY ROAD lies on this distribution: 54% of detached houses are smaller than 16 OLNEY ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Lavendon.

16 OLNEY ROAD: Plot and Title Map

16 OLNEY ROAD sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of 16 OLNEY ROAD, 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 OLNEY ROAD). 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 OLNEY ROAD?

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