40, WEST STREET, OLNEY, MK46 5HR - £560,000

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

40 WEST STREET is a large detached house of 146m², built sometime between 1991 and 1995. It was last sold for £560,000 in July 2017, which was around 31% above the average July 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was D.

40 WEST STREET Sold Prices

Land registry data shows three sales for 40 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. All of the three 40 WEST STREET 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
2017 6 JUL	£560,000	£426,115	31% above HPI
2010 1 APR	£425,000	£269,611	58% above HPI
1998 17 APR	£142,500	£100,980	41% above HPI

40 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 40 WEST STREET sales between April 1998 and July 2017 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 2010 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the July 2017 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 40 WEST STREET?

40 WEST STREET is 146m² according to the EPC inspection conducted in November 2009. 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 40 WEST STREET lies on this distribution: 75% of detached houses are smaller than 40 WEST STREET, and 25% of houses are larger. Note that EPC data is not available for all properties in Olney.

40 WEST STREET: Plot and Title Map

40 WEST STREET sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 40 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 40 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 40 WEST STREET?

40 WEST STREET is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 40 on WEST STREET.