5, MOW MEAD, OLNEY, MK46 5EF - £440,000

5 MOW MEAD is a small detached house of 105m², built sometime between 1996 and 2002. It was last sold for £440,000 in February 2018, which was about the average February 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

5 MOW MEAD Sold Prices

Land registry data shows three sales for 5 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. The three 5 MOW MEAD sales were a mix of roughly equal to the average price, and 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
2018 8 FEB	£440,000	£439,578	Close to HPI
2004 8 APR	£248,000	£236,806	5% above HPI
1997 23 MAY	£114,000	£89,492	27% above HPI

5 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 5 MOW MEAD sales between May 1997 and February 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 April 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 5 MOW MEAD?

5 MOW MEAD is 105m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% 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 MOW MEAD lies on this distribution: 34% of detached houses are smaller than 5 MOW MEAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Olney.

5 MOW MEAD: Plot and Title Map

5 MOW MEAD sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 5 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 5 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 5 MOW MEAD?

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