6, CHATER DRIVE, OLNEY, MK46 4FD - £827,500

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

6 CHATER DRIVE is a very large detached house of 191m², built in 2020. It was last sold for £827,500 in May 2024, which was around 59% above the average May 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2021, where the current energy rating was B, and the potential energy rating was A.

6 CHATER DRIVE Sold Prices

Land registry data shows two sales for 6 CHATER DRIVE 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 6 CHATER DRIVE 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
2024 8 MAY	£827,500	£521,241	59% above HPI
2021 1 DEC	£730,000	£483,120	51% above HPI

6 CHATER DRIVE 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 6 CHATER DRIVE sales from December 2021 and May 2024 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 December 2021 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the May 2024 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 6 CHATER DRIVE?

6 CHATER DRIVE is 191m² according to the EPC inspection conducted in September 2021. This puts it in the largest 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 6 CHATER DRIVE lies on this distribution: 90% of detached houses are smaller than 6 CHATER DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Olney.

6 CHATER DRIVE: Plot and Title Map

6 CHATER DRIVE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 6 CHATER DRIVE, 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 6 CHATER DRIVE). 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 6 CHATER DRIVE?

6 CHATER DRIVE is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 6 on CHATER DRIVE.