38, WESTON ROAD, OLNEY, MK46 5BD - £197,000

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.

38 WESTON ROAD is a very small extended detached house of 45m², built sometime before 1900, which could now be worth an estimated £244,512. It was last sold for £197,000 in January 2019, which was around 56% below the average January 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

38 WESTON ROAD Sold Prices

Land registry data shows two sales for 38 WESTON 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 WESTON 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
2019 25 JAN	£197,000	£442,943	56% below HPI
2006 12 JAN	£105,063	£258,671	59% below HPI

38 WESTON 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 WESTON ROAD sales from January 2006 and January 2019 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 January 2006 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the January 2019 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might 38 WESTON ROAD be worth now?

38 WESTON ROAD might now be worth an estimated £244,512.

This is based on house price inflation of 24.1%, between January 2019 and May 2026, for 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 24.1% inflationary increase is applied to the most recent sale price for 38 WESTON ROAD of £197,000 on 25th January 2019. For the value to have increased from £197,000 to £244,512 over the six years and eight months to May 2026, the following assumptions must hold true:

• The value of 38 WESTON ROAD has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The January 2019 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 38 WESTON ROAD has not materially changed since January 2019.

How Large is 38 WESTON ROAD?

38 WESTON ROAD is 45m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses houses in Olney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Olney, and where 38 WESTON ROAD lies on this distribution: Less than 1% of detached houses houses are smaller than 38 WESTON ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Olney.

38 WESTON ROAD: Plot and Title Map

38 WESTON ROAD sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 38 WESTON 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 WESTON 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 WESTON ROAD?

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