5, CAREY WAY, OLNEY, MK46 4DR - £430,000

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

5 CAREY WAY is a midsized extended detached house of 128m², built sometime between 1967 and 1975. It was last sold for £430,000 in December 2020, which was around 4% below the average December 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

5 CAREY WAY Sold Prices

Land registry data shows two sales for 5 CAREY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 5 CAREY WAY 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
2020 14 DEC	£430,000	£446,067	4% below HPI
2009 30 JAN	£175,000	£254,852	31% below HPI

5 CAREY WAY 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 two 5 CAREY WAY sales from January 2009 and December 2020 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 January 2009 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 5 CAREY WAY?

5 CAREY WAY is 128m², which includes two extensions, according to the EPC inspection conducted in August 2020. 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 5 CAREY WAY lies on this distribution: 57% of detached houses are smaller than 5 CAREY WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Olney.

5 CAREY WAY: Plot and Title Map

5 CAREY WAY sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 5 CAREY WAY, 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 5 CAREY WAY). 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 5 CAREY WAY?

5 CAREY WAY is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 5 on CAREY WAY.