3, MOW MEAD, OLNEY, MK46 5EF - £450,000

3 MOW MEAD is a very small extended detached house of 80m², built sometime between 1983 and 1990. It was last sold for £450,000 in July 2022, which was around 14% below the average July 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

3 MOW MEAD Sold Prices

Land registry data shows three sales for 3 MOW MEAD 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. Two of the three 3 MOW MEAD sales were for below the average price, whilst one 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	£450,000	£522,494	14% below HPI
2004 13 DEC	£245,000	£254,350	4% below HPI
1995 26 JUN	£90,000	£83,156	8% above HPI

3 MOW MEAD 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 3 MOW MEAD sales between June 1995 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 December 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 MOW MEAD?

3 MOW MEAD is 80m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 3 MOW MEAD lies on this distribution: 8% of detached houses are smaller than 3 MOW MEAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Olney.

3 MOW MEAD: Plot and Title Map

3 MOW MEAD sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 3 MOW MEAD, 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 3 MOW MEAD). 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 3 MOW MEAD?

3 MOW MEAD is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 3 on MOW MEAD.