18, WEST SIDE RISE, OLNEY, MK46 5HP - £365,000

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.

18 WEST SIDE RISE is a very small semi-detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £408,989. It was last sold for £365,000 in May 2022, which was around 21% above the average May 2022 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

18 WEST SIDE RISE Sold Prices

Land registry data shows three sales for 18 WEST SIDE RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 18 WEST SIDE RISE sales were 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
2022 27 MAY	£365,000	£300,527	21% above HPI
2006 9 JUN	£213,000	£158,317	35% above HPI
2001 9 NOV	£115,000	£95,333	21% above HPI

18 WEST SIDE RISE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 18 WEST SIDE RISE sales between November 2001 and May 2022 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 June 2006 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the May 2022 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 18 WEST SIDE RISE be worth now?

18 WEST SIDE RISE might now be worth an estimated £408,989.

This is based on house price inflation of 12.1%, between May 2022 and February 2025, for semi-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 12.1% inflationary increase is applied to the most recent sale price for 18 WEST SIDE RISE of £365,000 on 27th May 2022. For the value to have increased from £365,000 to £408,989 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 18 WEST SIDE RISE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The May 2022 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 18 WEST SIDE RISE has not materially changed since May 2022.

How Large is 18 WEST SIDE RISE?

18 WEST SIDE RISE is 82m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of semi-detached houses houses in Olney, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Olney, and where 18 WEST SIDE RISE lies on this distribution: 10% of semi-detached houses houses are smaller than 18 WEST SIDE RISE, and 89% of houses are larger. Note that EPC data is not available for all properties in Olney.

18 WEST SIDE RISE: Plot and Title Map

18 WEST SIDE RISE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 18 WEST SIDE RISE, 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 WEST SIDE RISE). 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 WEST SIDE RISE?

18 WEST SIDE RISE is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 18 on WEST SIDE RISE.