56, WAGSTAFF WAY, OLNEY, MK46 5FB - £510,000

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.

56 WAGSTAFF WAY is a large detached house of 149m², built sometime between 2003 and 2006, which could now be worth an estimated £634,652. It was last sold for £510,000 in February 2018, which was around 12% above the average February 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

56 WAGSTAFF WAY Sold Prices

Land registry data shows two sales for 56 WAGSTAFF 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 56 WAGSTAFF 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
2018 9 FEB	£510,000	£454,369	12% above HPI
2005 30 NOV	£494,950	£260,407	90% above HPI

56 WAGSTAFF 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 56 WAGSTAFF WAY sales from November 2005 and February 2018 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 November 2005 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the February 2018 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 56 WAGSTAFF WAY be worth now?

56 WAGSTAFF WAY might now be worth an estimated £634,652.

This is based on house price inflation of 24.4%, between February 2018 and February 2025, for 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 24.4% inflationary increase is applied to the most recent sale price for 56 WAGSTAFF WAY of £510,000 on 9th February 2018. For the value to have increased from £510,000 to £634,652 over the seven years to February 2025, the following assumptions must hold true:

• The value of 56 WAGSTAFF WAY has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The February 2018 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 56 WAGSTAFF WAY has not materially changed since February 2018.

How Large is 56 WAGSTAFF WAY?

56 WAGSTAFF WAY is 149m² according to the EPC inspection conducted in July 2015. This puts it in the largest 30% of detached houses houses in Olney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Olney, and where 56 WAGSTAFF WAY lies on this distribution: 75% of detached houses houses are smaller than 56 WAGSTAFF WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Olney.

56 WAGSTAFF WAY: Plot and Title Map

56 WAGSTAFF WAY sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 56 WAGSTAFF 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 56 WAGSTAFF 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 56 WAGSTAFF WAY?

56 WAGSTAFF WAY is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 56 on WAGSTAFF WAY.