53, CAREY WAY, OLNEY, MK46 4DR - £435,000

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

53 CAREY WAY is a large extended detached house of 137m², built sometime between 1976 and 1982. It was last sold for £435,000 in April 2021, which was around 3% below the average April 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

53 CAREY WAY Sold Prices

Land registry data shows four sales for 53 CAREY WAY since 1^st 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 53 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
2021 19 APR	£435,000	£448,635	3% below HPI
2004 24 AUG	£221,000	£248,498	11% below HPI
2002 14 FEB	£150,000	£175,387	14% below HPI
1998 4 SEP	£80,000	£106,100	25% below HPI

53 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 four 53 CAREY WAY sales between September 1998 and April 2021 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 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 53 CAREY WAY?

53 CAREY WAY is 137m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 40% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 53 CAREY WAY lies on this distribution: 65% of detached houses are smaller than 53 CAREY WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Olney.

53 CAREY WAY: Plot and Title Map

53 CAREY WAY sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 53 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 53 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 53 CAREY WAY?

53 CAREY WAY is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 53 on CAREY WAY.