2, CHERRY ORCHARD, OLNEY, MK46 5PT - £155,000

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

2 CHERRY ORCHARD is a very small semi-detached house of 57m², built sometime between 1991 and 1995, which could now be worth an estimated £339,323. It was last sold for £155,000 in June 2009, which was around 1% above the average June 2009 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

2 CHERRY ORCHARD Sold Prices

Land registry data shows two sales for 2 CHERRY ORCHARD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 2 CHERRY ORCHARD 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
2009 12 JUN	£155,000	£153,823	1% above HPI
1997 8 AUG	£57,000	£54,464	5% above HPI

2 CHERRY ORCHARD 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 two 2 CHERRY ORCHARD sales from August 1997 and June 2009 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 August 1997 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2009 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 CHERRY ORCHARD be worth now?

2 CHERRY ORCHARD might now be worth an estimated £339,323.

This is based on house price inflation of 118.9%, between June 2009 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 118.9% inflationary increase is applied to the most recent sale price for 2 CHERRY ORCHARD of £155,000 on 12th June 2009. For the value to have increased from £155,000 to £339,323 over the sixteen years and four months to February 2025, the following assumptions must hold true:

• The value of 2 CHERRY ORCHARD has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The June 2009 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHERRY ORCHARD has not materially changed since June 2009.

How Large is 2 CHERRY ORCHARD?

2 CHERRY ORCHARD is 57m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% 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 2 CHERRY ORCHARD lies on this distribution: 1% of semi-detached houses houses are smaller than 2 CHERRY ORCHARD, and 99% of houses are larger. Note that EPC data is not available for all properties in Olney.

2 CHERRY ORCHARD: Plot and Title Map

2 CHERRY ORCHARD sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 2 CHERRY ORCHARD, 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 2 CHERRY ORCHARD). 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 2 CHERRY ORCHARD?

2 CHERRY ORCHARD is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 2 on CHERRY ORCHARD.