55, WEST STREET, OLNEY, MK46 5EP - £315,000

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.

55 WEST STREET is a small extended semi-detached house of 109m², built sometime before 1900, which could now be worth an estimated £744,799. It was last sold for £315,000 in March 2009, which was around 121% above the average March 2009 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

55 WEST STREET Sold Prices

Land registry data shows three sales for 55 WEST STREET 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. All of the three 55 WEST STREET 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
2009 27 MAR	£315,000	£142,421	121% above HPI
2001 1 JUN	£137,000	£86,660	58% above HPI
1996 12 APR	£57,000	£48,921	17% above HPI

55 WEST STREET 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 55 WEST STREET sales between April 1996 and March 2009 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 June 2001 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the March 2009 sale, where it rises to 121% above the HPI. The line then continues to track at 121% above the HPI.

What might 55 WEST STREET be worth now?

55 WEST STREET might now be worth an estimated £744,799.

This is based on house price inflation of 136.4%, between March 2009 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 136.4% inflationary increase is applied to the most recent sale price for 55 WEST STREET of £315,000 on 27th March 2009. For the value to have increased from £315,000 to £744,799 over the sixteen years and one month to February 2025, the following assumptions must hold true:

• The value of 55 WEST STREET has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The March 2009 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 55 WEST STREET has not materially changed since March 2009.

How Large is 55 WEST STREET?

55 WEST STREET is 109m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the smallest 40% 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 55 WEST STREET lies on this distribution: 37% of semi-detached houses houses are smaller than 55 WEST STREET, and 63% of houses are larger. Note that EPC data is not available for all properties in Olney.

55 WEST STREET: Plot and Title Map

55 WEST STREET sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 55 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 55 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 55 WEST STREET?

55 WEST STREET is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 55 on WEST STREET.