4, WEST STREET, OLNEY, MK46 5HR - £480,000

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

4 WEST STREET is a midsized detached house of 114m², built sometime before 1900. It was last sold for £480,000 in June 2023, which was around 7% below the average June 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was C.

4 WEST STREET Sold Prices

Land registry data shows three sales for 4 WEST STREET 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. One of the three 4 WEST STREET sales was for below the average price, whilst two 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 1 JUN	£480,000	£517,966	7% below HPI
2010 27 OCT	£282,000	£272,335	4% above HPI
1998 10 JUL	£125,000	£106,241	18% above HPI

4 WEST STREET 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 4 WEST STREET sales between July 1998 and June 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 October 2010 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 4 WEST STREET?

4 WEST STREET is 114m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% 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 WEST STREET lies on this distribution: 44% of detached houses are smaller than 4 WEST STREET, and 55% of houses are larger. Note that EPC data is not available for all properties in Olney.

4 WEST STREET: Plot and Title Map

4 WEST STREET sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 4 WEST STREET, 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 WEST STREET). 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 WEST STREET?

4 WEST STREET is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 4 on WEST STREET.