2, MOW MEAD, OLNEY, MK46 5EF - £480,000

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

2 MOW MEAD is a midsized extended detached house of 129m², built sometime between 1996 and 2002. It was last sold for £480,000 in June 2018, which was around 9% above the average June 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

2 MOW MEAD Sold Prices

Land registry data shows four sales for 2 MOW MEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 2 MOW MEAD 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
2018 1 JUN	£480,000	£440,071	9% above HPI
2009 3 APR	£277,500	£236,666	17% above HPI
2006 10 FEB	£297,000	£252,812	17% above HPI
2000 14 JUL	£210,000	£139,860	50% above HPI

2 MOW MEAD 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 four 2 MOW MEAD sales between July 2000 and June 2018 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 April 2009 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2018 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 2 MOW MEAD?

2 MOW MEAD is 129m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the largest 50% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 2 MOW MEAD lies on this distribution: 59% of detached houses are smaller than 2 MOW MEAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Olney.

2 MOW MEAD: Plot and Title Map

2 MOW MEAD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 2 MOW MEAD, 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 MOW MEAD). 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 MOW MEAD?

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