48, HIPWELL COURT, OLNEY, MK46 5QB - £285,000

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.

48 HIPWELL COURT is a very small semi-detached house of 49m², built sometime between 1991 and 1995, which could now be worth an estimated £320,969. It was last sold for £285,000 in April 2022, which was around 5% below the average April 2022 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

48 HIPWELL COURT Sold Prices

Land registry data shows three sales for 48 HIPWELL COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. One of the three 48 HIPWELL COURT 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
2022 14 APR	£285,000	£299,009	5% below HPI
2001 24 AUG	£123,750	£92,128	34% above HPI
1996 6 DEC	£83,000	£51,391	62% above HPI

48 HIPWELL COURT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 48 HIPWELL COURT sales between December 1996 and April 2022 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 August 2001 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the April 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 48 HIPWELL COURT be worth now?

48 HIPWELL COURT might now be worth an estimated £320,969.

This is based on house price inflation of 12.6%, between April 2022 and February 2025, for semi-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 12.6% inflationary increase is applied to the most recent sale price for 48 HIPWELL COURT of £285,000 on 14th April 2022. For the value to have increased from £285,000 to £320,969 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 48 HIPWELL COURT has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The April 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 48 HIPWELL COURT has not materially changed since April 2022.

How Large is 48 HIPWELL COURT?

48 HIPWELL COURT is 49m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% of semi-detached houses houses in Olney, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Olney, and where 48 HIPWELL COURT lies on this distribution: 1% of semi-detached houses houses are smaller than 48 HIPWELL COURT, and 99% of houses are larger. Note that EPC data is not available for all properties in Olney.

48 HIPWELL COURT: Plot and Title Map

48 HIPWELL COURT sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 48 HIPWELL COURT, 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 48 HIPWELL COURT). 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 48 HIPWELL COURT?

48 HIPWELL COURT is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 48 on HIPWELL COURT.