2, WEST SIDE RISE, OLNEY, MK46 5HP - £330,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 WEST SIDE RISE is a small extended detached house of 111m², built sometime between 1976 and 1982. It was last sold for £330,000 in September 2014, which was around 2% below the average September 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

2 WEST SIDE RISE Sold Prices

Land registry data shows two sales for 2 WEST SIDE RISE 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 2 WEST SIDE RISE 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
2014 23 SEP	£330,000	£336,919	2% below HPI
2007 17 JAN	£249,995	£274,463	9% below HPI

2 WEST SIDE RISE 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 2 WEST SIDE RISE sales from January 2007 and September 2014 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 January 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2014 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 WEST SIDE RISE?

2 WEST SIDE RISE is 111m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% 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 WEST SIDE RISE lies on this distribution: 39% of detached houses are smaller than 2 WEST SIDE RISE, and 60% of houses are larger. Note that EPC data is not available for all properties in Olney.

2 WEST SIDE RISE: Plot and Title Map

2 WEST SIDE RISE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 2 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 2 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 2 WEST SIDE RISE?

2 WEST SIDE RISE is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 2 on WEST SIDE RISE.