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
41 SILLSWOOD is a midsized extended detached house of 125m², built sometime between 1991 and 1995. It was last sold for £480,000 in February 2024, which was around 7% below the average February 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 41 SILLSWOOD since 1st 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 41 SILLSWOOD sales were for below 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 20 FEB | £480,000 | £515,069 | 7% below HPI |
2005 31 OCT | £240,000 | £253,429 | 5% below HPI |
2005 24 MAY | £225,000 | £254,694 | 12% below HPI |
2000 25 SEP | £145,000 | £145,865 | 1% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 41 SILLSWOOD sales between September 2000 and February 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 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2024 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
41 SILLSWOOD is 125m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 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 41 SILLSWOOD lies on this distribution: 53% of detached houses are smaller than 41 SILLSWOOD, and 46% of houses are larger. Note that EPC data is not available for all properties in Olney.
41 SILLSWOOD sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 41 SILLSWOOD, 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 41 SILLSWOOD). 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.
41 SILLSWOOD is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 41 on SILLSWOOD.