38, NEWTON STREET, OLNEY, MK46 4BS - £355,000

38 NEWTON STREET is a very small detached house of 78m², built sometime between 1900 and 1929. It was last sold for £355,000 in April 2020, which was around 19% below the average April 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

38 NEWTON STREET Sold Prices

Land registry data shows seven sales for 38 NEWTON STREET since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the seven 38 NEWTON STREET 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
2020 14 APR	£355,000	£437,511	19% below HPI
2015 27 NOV	£288,000	£383,698	25% below HPI
2007 7 DEC	£210,000	£302,780	31% below HPI
2006 3 MAY	£200,000	£255,831	22% below HPI
2002 5 JUL	£149,950	£191,081	22% below HPI
1998 21 SEP	£77,500	£106,100	27% below HPI
1995 30 NOV	£47,500	£83,030	43% below HPI

38 NEWTON STREET 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 seven 38 NEWTON STREET sales between November 1995 and April 2020 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 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2020 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 38 NEWTON STREET?

38 NEWTON STREET is 78m² according to the EPC inspection conducted in February 2014. 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 38 NEWTON STREET lies on this distribution: 6% of detached houses are smaller than 38 NEWTON STREET, and 93% of houses are larger. Note that EPC data is not available for all properties in Olney.

38 NEWTON STREET: Plot and Title Map

38 NEWTON STREET sits on a plot of roughly 0.025 of an acre, or 101m². The below map shows the location of 38 NEWTON STREET, 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 NEWTON STREET). 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 NEWTON STREET?

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