CAROUSEL, NEAR TOWN, OLNEY, MK46 4AN - £675,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CAROUSEL is a very large detached house of 164m², built sometime between 1950 and 1966, which could now be worth an estimated £674,735. It was last sold for £675,000 in October 2024, which was around 23% above the average October 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was C.

CAROUSEL Sold Prices

Land registry data shows three sales for CAROUSEL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. One of the three CAROUSEL sales was for above the average price, whilst two 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
2024 30 OCT	£675,000	£549,592	23% above HPI
2013 5 JUL	£250,000	£302,826	17% below HPI
1995 9 NOV	£70,000	£85,824	18% below HPI

CAROUSEL 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 three CAROUSEL sales between November 1995 and October 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 July 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2024 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might CAROUSEL be worth now?

CAROUSEL might now be worth an estimated £674,735.

This is based on house price deflation of 0%, between October 2024 and December 2024, 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 0% deflationary decrease is applied to the most recent sale price for CAROUSEL of £675,000 on 30th October 2024. For the value to have decreased from £675,000 to £674,735 over the ten months to December 2024, the following assumptions must hold true:

• The value of CAROUSEL has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The October 2024 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of CAROUSEL has not materially changed since October 2024.

How Large is CAROUSEL?

CAROUSEL is 164m² according to the EPC inspection conducted in June 2024. This puts it in the largest 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 CAROUSEL lies on this distribution: 82% of detached houses houses are smaller than CAROUSEL, and 18% of houses are larger. Note that EPC data is not available for all properties in Olney.

CAROUSEL: Plot and Title Map

CAROUSEL sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of CAROUSEL, 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 CAROUSEL). 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 CAROUSEL?

CAROUSEL is located on NEAR TOWN in OLNEY, in the MK46 postcode district. The below map shows the position of CAROUSEL on NEAR TOWN.