63, HIPWELL COURT, OLNEY, MK46 5QB - £250,000

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.

63 HIPWELL COURT is a very small semi-detached house of 59m², built sometime between 1983 and 1990, which could now be worth an estimated £324,886. It was last sold for £250,000 in February 2020, which was around 4% below the average February 2020 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

63 HIPWELL COURT Sold Prices

Land registry data shows two sales for 63 HIPWELL COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. One of the two 63 HIPWELL COURT sales was for below the average price, whilst the other was 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
2020 12 FEB	£250,000	£259,126	4% below HPI
2003 20 AUG	£162,000	£131,866	23% above HPI

63 HIPWELL COURT 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 two 63 HIPWELL COURT sales from August 2003 and February 2020 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 2003 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 63 HIPWELL COURT be worth now?

63 HIPWELL COURT might now be worth an estimated £324,886.

This is based on house price inflation of 30%, between February 2020 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 30% inflationary increase is applied to the most recent sale price for 63 HIPWELL COURT of £250,000 on 12th February 2020. For the value to have increased from £250,000 to £324,886 over the five years to February 2025, the following assumptions must hold true:

• The value of 63 HIPWELL COURT has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The February 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 63 HIPWELL COURT has not materially changed since February 2020.

How Large is 63 HIPWELL COURT?

63 HIPWELL COURT is 59m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% 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 63 HIPWELL COURT lies on this distribution: 1% of semi-detached houses houses are smaller than 63 HIPWELL COURT, and 99% of houses are larger. Note that EPC data is not available for all properties in Olney.

63 HIPWELL COURT: Plot and Title Map

63 HIPWELL COURT sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 63 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 63 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 63 HIPWELL COURT?

63 HIPWELL COURT is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 63 on HIPWELL COURT.