50, WEST STREET, OLNEY, MK46 5HR - £87,000

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

50 WEST STREET is a very small extended detached house of 44m², built sometime before 1900. It was last sold for £87,000 in August 2001, which was around 48% below the average August 2001 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

50 WEST STREET Sold Prices

Land registry data shows three sales for 50 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 50 WEST STREET 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
2001 23 AUG	£87,000	£165,858	48% below HPI
1999 17 SEP	£71,550	£121,443	41% below HPI
1997 31 JUL	£57,500	£93,887	39% below HPI

50 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 50 WEST STREET sales between July 1997 and August 2001 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 September 1999 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2001 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 50 WEST STREET?

50 WEST STREET is 44m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 50 WEST STREET lies on this distribution: Less than 1% of detached houses are smaller than 50 WEST STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Olney.

50 WEST STREET: Plot and Title Map

50 WEST STREET sits on a plot of roughly 0.024 of an acre, or 95m². The below map shows the location of 50 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 50 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 50 WEST STREET?

50 WEST STREET is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 50 on WEST STREET.