12, COLSONS WAY, OLNEY, MK46 5EQ - £598,000

12 COLSONS WAY is a very large detached house of 155m², built sometime between 1991 and 1995. It was last sold for £598,000 in September 2022, which was around 10% above the average September 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

12 COLSONS WAY Sold Prices

Land registry data shows three sales for 12 COLSONS WAY 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. All of the three 12 COLSONS WAY 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
2022 26 SEP	£598,000	£545,053	10% above HPI
2007 27 JUL	£365,000	£291,864	25% above HPI
1995 3 NOV	£118,500	£83,030	43% above HPI

12 COLSONS WAY 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 12 COLSONS WAY sales between November 1995 and September 2022 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 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 12 COLSONS WAY?

12 COLSONS WAY is 155m² according to the EPC inspection conducted in October 2023. This puts it in the largest 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 12 COLSONS WAY lies on this distribution: 81% of detached houses are smaller than 12 COLSONS WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Olney.

12 COLSONS WAY: Plot and Title Map

12 COLSONS WAY sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 12 COLSONS WAY, 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 12 COLSONS WAY). 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 12 COLSONS WAY?

12 COLSONS WAY is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 12 on COLSONS WAY.