3, NEAR TOWN, OLNEY, MK46 4AN - £321,000

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

3 NEAR TOWN is a small detached house of 103m², built sometime before 1900. It was last sold for £321,000 in October 2007, which was around 4% above the average October 2007 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was B.

3 NEAR TOWN Sold Prices

Land registry data shows three sales for 3 NEAR TOWN 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 3 NEAR TOWN 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
2007 18 OCT	£321,000	£309,178	4% above HPI
2002 21 JUN	£200,000	£186,552	7% above HPI
1996 8 NOV	£117,500	£87,447	34% above HPI

3 NEAR TOWN 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 3 NEAR TOWN sales between November 1996 and October 2007 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 June 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2007 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 3 NEAR TOWN?

3 NEAR TOWN is 103m² according to the EPC inspection conducted in June 2019. 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 3 NEAR TOWN lies on this distribution: 30% of detached houses are smaller than 3 NEAR TOWN, and 67% of houses are larger. Note that EPC data is not available for all properties in Olney.

3 NEAR TOWN: Plot and Title Map

3 NEAR TOWN sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 3 NEAR TOWN, 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 3 NEAR TOWN). 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 3 NEAR TOWN?

3 NEAR TOWN is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 3 on NEAR TOWN.