5, FLAGGS MEADOW, OLNEY, MK46 5NL - £340,000

5 FLAGGS MEADOW is a small extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £340,000 in February 2017, which was around 20% below the average February 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

5 FLAGGS MEADOW Sold Prices

Land registry data shows two sales for 5 FLAGGS MEADOW 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 5 FLAGGS MEADOW 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
2017 10 FEB	£340,000	£423,020	20% below HPI
2000 13 MAY	£119,950	£136,050	12% below HPI

5 FLAGGS MEADOW 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 5 FLAGGS MEADOW sales from May 2000 and February 2017 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 2000 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 5 FLAGGS MEADOW?

5 FLAGGS MEADOW is 101m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 5 FLAGGS MEADOW lies on this distribution: 27% of detached houses are smaller than 5 FLAGGS MEADOW, and 72% of houses are larger. Note that EPC data is not available for all properties in Olney.

5 FLAGGS MEADOW: Plot and Title Map

5 FLAGGS MEADOW sits on a plot of roughly 0.060 of an acre, or 245m². The below map shows the location of 5 FLAGGS MEADOW, 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 5 FLAGGS MEADOW). 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 5 FLAGGS MEADOW?

5 FLAGGS MEADOW is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 5 on FLAGGS MEADOW.