2, THE OLD MEWS, OLNEY, MK46 5GW - £360,000

2 THE OLD MEWS is a very large extended detached house of 166m², built sometime between 1996 and 2002. It was last sold for £360,000 in October 2003, which was around 54% above the average October 2003 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

2 THE OLD MEWS Sold Prices

Land registry data shows two sales for 2 THE OLD MEWS 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. Both of the two 2 THE OLD MEWS 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
2003 10 OCT	£360,000	£233,033	54% above HPI
1997 21 NOV	£185,000	£97,943	89% above HPI

2 THE OLD MEWS 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 2 THE OLD MEWS sales from November 1997 and October 2003 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 November 1997 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the October 2003 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 2 THE OLD MEWS?

2 THE OLD MEWS is 166m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 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 2 THE OLD MEWS lies on this distribution: 84% of detached houses are smaller than 2 THE OLD MEWS, and 16% of houses are larger. Note that EPC data is not available for all properties in Olney.

2 THE OLD MEWS: Plot and Title Map

2 THE OLD MEWS sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 2 THE OLD MEWS, 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 2 THE OLD MEWS). 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 2 THE OLD MEWS?

2 THE OLD MEWS is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 2 on THE OLD MEWS.