3, NEAR TOWN, OLNEY, MK46 4AN - £570,000

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.

3 NEAR TOWN is a small detached house of 103m², built sometime before 1900, which could now be worth an estimated £587,884. It was last sold for £570,000 in November 2024, which was around 4% above the average November 2024 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 four sales for 3 NEAR TOWN 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. The four 3 NEAR TOWN sales were a mix of above the average price, and roughly equal to 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
2024 29 NOV	£570,000	£548,223	4% above HPI
2007 18 OCT	£321,000	£319,581	Close to HPI
2002 21 JUN	£200,000	£192,829	4% above HPI
1996 8 NOV	£117,500	£90,389	30% 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 four 3 NEAR TOWN sales between November 1996 and November 2024 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 October 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2024 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 3 NEAR TOWN be worth now?

3 NEAR TOWN might now be worth an estimated £587,884.

This is based on house price inflation of 3.1%, between November 2024 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 3.1% inflationary increase is applied to the most recent sale price for 3 NEAR TOWN of £570,000 on 29th November 2024. For the value to have increased from £570,000 to £587,884 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 3 NEAR TOWN has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The November 2024 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NEAR TOWN has not materially changed since November 2024.

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 houses in Olney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Olney, and where 3 NEAR TOWN lies on this distribution: 29% of detached houses houses are smaller than 3 NEAR TOWN, and 68% 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.