72, ELMLEA DRIVE, OLNEY, MK46 5HX - £209,000

72 ELMLEA DRIVE is a very small extended semi-detached house of 91m², built sometime between 1967 and 1975. It was last sold for £209,000 in March 2016, which was around 49% below the average March 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

72 ELMLEA DRIVE Sold Prices

Land registry data shows four sales for 72 ELMLEA DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 72 ELMLEA DRIVE 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
2016 24 MAR	£209,000	£407,266	49% below HPI
2007 19 JUL	£247,500	£291,864	15% below HPI
1999 29 OCT	£93,000	£125,173	26% below HPI
1997 27 MAR	£63,000	£87,083	28% below HPI

72 ELMLEA DRIVE 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 four 72 ELMLEA DRIVE sales between March 1997 and March 2016 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 July 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2016 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 72 ELMLEA DRIVE?

72 ELMLEA DRIVE is 91m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 72 ELMLEA DRIVE lies on this distribution: 16% of detached houses are smaller than 72 ELMLEA DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Olney.

72 ELMLEA DRIVE: Plot and Title Map

72 ELMLEA DRIVE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 72 ELMLEA DRIVE, 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 72 ELMLEA DRIVE). 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 72 ELMLEA DRIVE?

72 ELMLEA DRIVE is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 72 on ELMLEA DRIVE.