5, WEST FARM WAY, EMBERTON, OLNEY, MK46 5QP - £490,000

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 WEST FARM WAY is a very small detached house of 122m², built sometime between 1991 and 1995. It was last sold for £490,000 in April 2019, which was around 16% above the average April 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

5 WEST FARM WAY Sold Prices

Land registry data shows three sales for 5 WEST FARM WAY 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 5 WEST FARM WAY 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
2019 15 APR	£490,000	£422,986	16% above HPI
2002 1 MAY	£250,000	£181,287	38% above HPI
1999 20 AUG	£187,000	£118,068	58% above HPI

5 WEST FARM 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 three 5 WEST FARM WAY sales between August 1999 and April 2019 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 May 2002 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the April 2019 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 5 WEST FARM WAY?

5 WEST FARM WAY is 122m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of detached houses in Emberton, based on EPC data. The below chart shows the distribution of detached houses by size in Emberton, and where 5 WEST FARM WAY lies on this distribution: 18% of detached houses are smaller than 5 WEST FARM WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Emberton.

5 WEST FARM WAY: Plot and Title Map

5 WEST FARM WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 5 WEST FARM 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 WEST FARM 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 WEST FARM WAY?

5 WEST FARM WAY is located in EMBERTON, in the MK46 postcode district. The below map shows the position of No. 5 on WEST FARM WAY.