18, FLAGGS MEADOW, OLNEY, MK46 5NL - £108,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 FLAGGS MEADOW is a small extended detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £541,039. It was last sold for £108,500 in October 1998, which was around 2% below the average October 1998 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

18 FLAGGS MEADOW Sold Prices

Land registry data shows two sales for 18 FLAGGS MEADOW 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 18 FLAGGS MEADOW 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
1998 23 OCT	£108,500	£110,172	2% below HPI
1997 6 MAR	£87,000	£90,013	3% below HPI

18 FLAGGS MEADOW 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 18 FLAGGS MEADOW sales from March 1997 and October 1998 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 1997 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 1998 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 18 FLAGGS MEADOW be worth now?

18 FLAGGS MEADOW might now be worth an estimated £541,039.

This is based on house price inflation of 398.7%, between October 1998 and December 2024, 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 398.7% inflationary increase is applied to the most recent sale price for 18 FLAGGS MEADOW of £108,500 on 23rd October 1998. For the value to have increased from £108,500 to £541,039 over the 25 years and ten months to December 2024, the following assumptions must hold true:

• The value of 18 FLAGGS MEADOW has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The October 1998 sale price of £108,500 represented a fair market value for the property.
• The size, condition, and specification of 18 FLAGGS MEADOW has not materially changed since October 1998.

How Large is 18 FLAGGS MEADOW?

18 FLAGGS MEADOW is 101m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the smallest 30% 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 18 FLAGGS MEADOW lies on this distribution: 26% of detached houses houses are smaller than 18 FLAGGS MEADOW, and 74% of houses are larger. Note that EPC data is not available for all properties in Olney.

18 FLAGGS MEADOW: Plot and Title Map

18 FLAGGS MEADOW sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 18 FLAGGS MEADOW, 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 18 FLAGGS MEADOW). 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 18 FLAGGS MEADOW?

18 FLAGGS MEADOW is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 18 on FLAGGS MEADOW.