59, HIPWELL COURT, OLNEY, MK46 5QB - £353,000

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

59 HIPWELL COURT is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £353,000 in August 2018, which was around 21% below the average August 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

59 HIPWELL COURT Sold Prices

Land registry data shows five sales for 59 HIPWELL COURT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 59 HIPWELL COURT 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
2018 29 AUG	£353,000	£444,215	21% below HPI
2004 24 MAR	£210,000	£238,410	12% below HPI
2002 29 AUG	£158,000	£199,243	21% below HPI
2001 9 MAR	£117,950	£147,253	20% below HPI
1995 27 JUL	£72,000	£84,740	15% below HPI

59 HIPWELL COURT 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 five 59 HIPWELL COURT sales between July 1995 and August 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 March 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 59 HIPWELL COURT?

59 HIPWELL COURT is 71m² according to the EPC inspection conducted in May 2018. 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 59 HIPWELL COURT lies on this distribution: 4% of detached houses are smaller than 59 HIPWELL COURT, and 96% of houses are larger. Note that EPC data is not available for all properties in Olney.

59 HIPWELL COURT: Plot and Title Map

59 HIPWELL COURT sits on a plot of roughly 0.091 of an acre, or 366m². The below map shows the location of 59 HIPWELL COURT, 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 59 HIPWELL COURT). 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 59 HIPWELL COURT?

59 HIPWELL COURT is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 59 on HIPWELL COURT.