4, THE OLD MEWS, OLNEY, MK46 5GW - £740,000

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

4 THE OLD MEWS is a large detached house of 144m², built sometime between 1996 and 2002. It was last sold for £740,000 in October 2023, which was around 44% above the average October 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

4 THE OLD MEWS Sold Prices

Land registry data shows four sales for 4 THE OLD MEWS 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. All of the four 4 THE OLD MEWS 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
2023 27 OCT	£740,000	£512,717	44% above HPI
2018 14 FEB	£670,000	£439,578	52% above HPI
2007 1 FEB	£417,500	£276,207	51% above HPI
2002 19 APR	£205,000	£177,121	16% above HPI

4 THE OLD MEWS 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 4 THE OLD MEWS sales between April 2002 and October 2023 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 February 2018 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the October 2023 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 4 THE OLD MEWS?

4 THE OLD MEWS is 144m² according to the EPC inspection conducted in October 2016. This puts it in the largest 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 4 THE OLD MEWS lies on this distribution: 69% of detached houses are smaller than 4 THE OLD MEWS, and 28% of houses are larger. Note that EPC data is not available for all properties in Olney.

4 THE OLD MEWS: Plot and Title Map

4 THE OLD MEWS sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 4 THE OLD MEWS, 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 4 THE OLD MEWS). 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 4 THE OLD MEWS?

4 THE OLD MEWS is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 4 on THE OLD MEWS.