12, FLAGGS MEADOW, OLNEY, MK46 5NL - £370,000

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.

12 FLAGGS MEADOW is a very small semi-detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £442,183. It was last sold for £370,000 in June 2021, which was around 34% above the average June 2021 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

12 FLAGGS MEADOW Sold Prices

Land registry data shows two sales for 12 FLAGGS MEADOW 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. Both of the two 12 FLAGGS MEADOW 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
2021 4 JUN	£370,000	£275,265	34% above HPI
2000 14 APR	£99,000	£75,839	31% above HPI

12 FLAGGS MEADOW 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 12 FLAGGS MEADOW sales from April 2000 and June 2021 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 April 2000 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2021 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 12 FLAGGS MEADOW be worth now?

12 FLAGGS MEADOW might now be worth an estimated £442,183.

This is based on house price inflation of 19.5%, between June 2021 and May 2026, 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 19.5% inflationary increase is applied to the most recent sale price for 12 FLAGGS MEADOW of £370,000 on 4th June 2021. For the value to have increased from £370,000 to £442,183 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 12 FLAGGS MEADOW has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The June 2021 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FLAGGS MEADOW has not materially changed since June 2021.

How Large is 12 FLAGGS MEADOW?

12 FLAGGS MEADOW is 92m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 20% 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 12 FLAGGS MEADOW lies on this distribution: 15% of semi-detached houses houses are smaller than 12 FLAGGS MEADOW, and 84% of houses are larger. Note that EPC data is not available for all properties in Olney.

12 FLAGGS MEADOW: Plot and Title Map

12 FLAGGS MEADOW sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 12 FLAGGS MEADOW, 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 12 FLAGGS MEADOW). 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 12 FLAGGS MEADOW?

12 FLAGGS MEADOW is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 12 on FLAGGS MEADOW.