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

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

8 FREEMANS GARDENS is a very small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £350,000 in July 2022, which was around 31% 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	£504,774	31% below HPI
1997 30 SEP	£128,000	£95,580	34% 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 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the July 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

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 in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 8 FREEMANS GARDENS lies on this distribution: 14% of detached houses are smaller than 8 FREEMANS GARDENS, and 85% 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.