8, FREEMANS GARDENS, OLNEY, MK46 4AU - £350,000

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.

8 FREEMANS GARDENS is a very small detached house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £388,622. It was last sold for £350,000 in July 2022, which was around 33% below the average July 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

8 FREEMANS GARDENS Sold Prices

Land registry data shows two sales for 8 FREEMANS GARDENS 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. One of the two 8 FREEMANS GARDENS 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
2022 4 JUL	£350,000	£521,759	33% below HPI
1997 30 SEP	£128,000	£98,796	30% above HPI

8 FREEMANS GARDENS 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 8 FREEMANS GARDENS sales from September 1997 and July 2022 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 September 1997 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the July 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 8 FREEMANS GARDENS be worth now?

8 FREEMANS GARDENS might now be worth an estimated £388,622.

This is based on house price inflation of 11%, between July 2022 and March 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 11% inflationary increase is applied to the most recent sale price for 8 FREEMANS GARDENS of £350,000 on 4th July 2022. For the value to have increased from £350,000 to £388,622 over the three years and four months to March 2025, the following assumptions must hold true:

• The value of 8 FREEMANS GARDENS has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The July 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FREEMANS GARDENS has not materially changed since July 2022.

How Large is 8 FREEMANS GARDENS?

8 FREEMANS GARDENS is 89m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% 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 8 FREEMANS GARDENS lies on this distribution: 13% of detached houses houses are smaller than 8 FREEMANS GARDENS, and 86% of houses are larger. Note that EPC data is not available for all properties in Olney.

8 FREEMANS GARDENS: Plot and Title Map

8 FREEMANS GARDENS sits on a plot of roughly 0.022 of an acre, or 89m². The below map shows the location of 8 FREEMANS GARDENS, 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 8 FREEMANS GARDENS). 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 8 FREEMANS GARDENS?

8 FREEMANS GARDENS is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 8 on FREEMANS GARDENS.