38, MIDLAND ROAD, OLNEY, MK46 4BL - £335,000

38 MIDLAND ROAD is a midsized extended detached house of 114m², built sometime before 1900. It was last sold for £335,000 in September 2018, which was around 24% below the average September 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

38 MIDLAND ROAD Sold Prices

Land registry data shows two sales for 38 MIDLAND ROAD 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 38 MIDLAND ROAD sales 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
2018 24 SEP	£335,000	£442,758	24% below HPI
2001 22 MAY	£133,950	£152,637	12% below HPI

38 MIDLAND ROAD 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 38 MIDLAND ROAD sales from May 2001 and September 2018 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 May 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 38 MIDLAND ROAD?

38 MIDLAND ROAD is 114m², which includes two extensions, according to the EPC inspection conducted in April 2010. This puts it in the smallest 50% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 38 MIDLAND ROAD lies on this distribution: 44% of detached houses are smaller than 38 MIDLAND ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Olney.

38 MIDLAND ROAD: Plot and Title Map

38 MIDLAND ROAD sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 38 MIDLAND ROAD, 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 38 MIDLAND ROAD). 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 38 MIDLAND ROAD?

38 MIDLAND ROAD is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 38 on MIDLAND ROAD.