Land by postcode · MK area · Olney
Olney covers the MK46 postcode district, in Milton Keynes. Planning applications here are decided by the Milton Keynes planning authority. Below: what homes sold for, which planning controls apply, and what that means before you sell or develop a plot in Olney.
Residential sales recorded by HM Land Registry between 2024-08 and 2026-07 across the MK46 district. This is market context for the town, not a land valuation: what a plot is worth depends on what can be built on it, which these figures do not show.
Sales in 24 months
347
Median sale price
£405,000
Median £ per m² of floor area
£4,044
Median, last 12m vs prior 12m
-3.4%
£414,000 → £400,000
Mix of sales: 45% detached, 25% semi-detached, 22% terraced, 9% flats.
New-build sales 2023–2024: 138 of 446 (31%). A rough proxy for recent building activity: these are homes sold by builders, not development sites.
For each designation on the planning.data.gov.uk register, the share of the 307 live postcodes in MK46 whose centroid falls inside it. This measures postcodes, not land area, and says nothing about any individual plot.
74 of 307 postcodes
Olney · Ravenstone · Emberton · Weston Underwood · Lavendon and 1 more
307 of 307 postcodes
2 separate directions recorded, each removing particular permitted development rights within a defined area. The largest named one is the Article 4 Direction relating to Houses in Multiple Occupation (HIMO) - Non immediate direction.
No postcodes in MK46 fall inside: Green Belt, National Landscape (AONB), National Park.
Flood zones, tree preservation orders, local plan allocations, settlement boundaries and non-designated heritage are not included here and are checked in a full assessment.
24% of postcodes fall within a conservation area. Inside one, demolition needs consent, some permitted development rights are reduced, and new work is assessed against the character and appearance of the area.
100% of postcodes are covered by an Article 4 direction, which removes specific permitted development rights in that area, so changes that are automatic elsewhere need a planning application there.
These are town-level facts. The free assessment checks your actual boundary against the same registers and the local plan and tells you plainly what they mean for your plot.
Milton Keynes covers 100% of the sampled postcodes in Olney.
Draw your boundary, tell us what you own, and an architect checks it against these registers and the local plan. Free, no obligation, and you get a straight written answer.
It depends on where the plot sits, not on the town average. Across Olney, 0% of postcodes are in the Green Belt and 24% in a conservation area. Outside those designations the questions that decide it are whether the plot is inside or adjoining the settlement boundary in the local plan, whether it has its own road access, and what is next to it.
Often, yes. 100% of postcodes in Olney are under an Article 4 direction (2 separate directions), which withdraws particular permitted development rights, so an outbuilding, extension or change of use that is automatic elsewhere needs an application there. Outside those areas, permitted development applies to houses and their gardens but not to agricultural land or paddocks, where a new building or a new use normally needs permission or prior approval.
Developers look at three things before they talk about price: whether the plot is outside the Green Belt and any National Landscape, whether it sits inside or beside the settlement boundary, and what finished homes sell for. In Olney the median sale is £405,000, and 31% of 2023–2024 sales were new-build homes, so builders are active here. A single plot usually goes to a local builder or a self-builder; a site for five or more homes attracts regional housebuilders, normally through an option or a conditional contract rather than an outright purchase, so the price you see quoted is not the price you receive.
There is no town figure for land, because a plot's value comes from what can be built on it, not from where it is. As a guide, a serviced plot with consent for one house commonly sells for around a third of the finished house value, which in Olney would be measured against a £405,000 median sale. The same plot without consent, or inside the Green Belt, is worth a small fraction of that, and a paddock with no realistic route to consent is worth agricultural or amenity value only. The free check tells you which of those your plot is before you talk to anyone about a price.
Computed from open-data records; town-level, not plot-level measurements. Olney here means the postcode district whose most common post town is Olney. Sales: HM Land Registry Price Paid Data (2024-08-01 to 2026-07-31), © Crown copyright, Open Government Licence. Designations: planning.data.gov.uk (OGL); conservation areas and Article 4 directions are made locally and published on that national register. Postcode centroids: OS Code-Point Open, contains OS data © Crown copyright and database right 2026. Figures computed 2026-10-19.