2, PALMERS ROAD, OLNEY, MK46 4JY - £387,500

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.

2 PALMERS ROAD is a large extended detached house of 140m², built sometime between 1991 and 1995, which could now be worth an estimated £839,204. It was last sold for £387,500 in July 2005, which was around 48% above the average July 2005 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

2 PALMERS ROAD Sold Prices

Land registry data shows three sales for 2 PALMERS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 2 PALMERS ROAD 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
2005 15 JUL	£387,500	£261,083	48% above HPI
1998 30 SEP	£207,000	£109,670	89% above HPI
1995 27 FEB	£145,000	£85,486	70% above HPI

2 PALMERS 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 three 2 PALMERS ROAD sales between February 1995 and July 2005 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 September 1998 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the July 2005 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 2 PALMERS ROAD be worth now?

2 PALMERS ROAD might now be worth an estimated £839,204.

This is based on house price inflation of 116.6%, between July 2005 and February 2025, 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 116.6% inflationary increase is applied to the most recent sale price for 2 PALMERS ROAD of £387,500 on 15th July 2005. For the value to have increased from £387,500 to £839,204 over the twenty years and five months to February 2025, the following assumptions must hold true:

• The value of 2 PALMERS ROAD has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The July 2005 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of 2 PALMERS ROAD has not materially changed since July 2005.

How Large is 2 PALMERS ROAD?

2 PALMERS ROAD is 140m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 40% 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 2 PALMERS ROAD lies on this distribution: 66% of detached houses houses are smaller than 2 PALMERS ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Olney.

2 PALMERS ROAD: Plot and Title Map

2 PALMERS ROAD sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 2 PALMERS 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 2 PALMERS 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 2 PALMERS ROAD?

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