7, WELLINGBOROUGH ROAD, OLNEY, MK46 4BJ - £325,000

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.

7 WELLINGBOROUGH ROAD is a small extended terraced house of 111m², built sometime before 1900, which could now be worth an estimated £407,347. It was last sold for £325,000 in April 2018, which was around 49% above the average April 2018 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was C.

7 WELLINGBOROUGH ROAD Sold Prices

Land registry data shows three sales for 7 WELLINGBOROUGH ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the three 7 WELLINGBOROUGH ROAD sales were for 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 17 APR	£325,000	£218,716	49% above HPI
2013 16 DEC	£259,000	£149,858	73% above HPI
1999 17 JUN	£79,995	£52,770	52% above HPI

7 WELLINGBOROUGH ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 7 WELLINGBOROUGH ROAD sales between June 1999 and April 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 December 2013 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the April 2018 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 7 WELLINGBOROUGH ROAD be worth now?

7 WELLINGBOROUGH ROAD might now be worth an estimated £407,347.

This is based on house price inflation of 25.3%, between April 2018 and July 2025, for terraced 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 25.3% inflationary increase is applied to the most recent sale price for 7 WELLINGBOROUGH ROAD of £325,000 on 17th April 2018. For the value to have increased from £325,000 to £407,347 over the six years and nine months to July 2025, the following assumptions must hold true:

• The value of 7 WELLINGBOROUGH ROAD has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The April 2018 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WELLINGBOROUGH ROAD has not materially changed since April 2018.

How Large is 7 WELLINGBOROUGH ROAD?

7 WELLINGBOROUGH ROAD is 111m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of terraced houses houses in Olney, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Olney, and where 7 WELLINGBOROUGH ROAD lies on this distribution: 38% of terraced houses houses are smaller than 7 WELLINGBOROUGH ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Olney.

7 WELLINGBOROUGH ROAD: Plot and Title Map

7 WELLINGBOROUGH ROAD sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 7 WELLINGBOROUGH 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 7 WELLINGBOROUGH 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 7 WELLINGBOROUGH ROAD?

7 WELLINGBOROUGH ROAD is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 7 on WELLINGBOROUGH ROAD.