20, CHERRY ORCHARD, OLNEY, MK46 5PT - £245,000

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

20 CHERRY ORCHARD is a small detached house of 101m², built sometime between 1983 and 1990. It was last sold for £245,000 in July 2011, which was around 11% below the average July 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

20 CHERRY ORCHARD Sold Prices

Land registry data shows three sales for 20 CHERRY ORCHARD 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 20 CHERRY ORCHARD 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
2011 8 JUL	£245,000	£274,367	11% below HPI
2006 5 APR	£227,500	£252,926	10% below HPI
1998 3 DEC	£96,000	£108,408	11% below HPI

20 CHERRY ORCHARD 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 20 CHERRY ORCHARD sales between December 1998 and July 2011 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 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2011 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 20 CHERRY ORCHARD?

20 CHERRY ORCHARD is 101m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 30% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 20 CHERRY ORCHARD lies on this distribution: 27% of detached houses are smaller than 20 CHERRY ORCHARD, and 73% of houses are larger. Note that EPC data is not available for all properties in Olney.

20 CHERRY ORCHARD: Plot and Title Map

20 CHERRY ORCHARD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 20 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 20 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 20 CHERRY ORCHARD?

20 CHERRY ORCHARD is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 20 on CHERRY ORCHARD.