22, WOODPITS LANE, OLNEY, MK46 5NE - £490,000

22 WOODPITS LANE is a large extended detached house of 153m², built sometime between 2003 and 2006. It was last sold for £490,000 in June 2018, which was around 11% above the average June 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

22 WOODPITS LANE Sold Prices

Land registry data shows two sales for 22 WOODPITS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 22 WOODPITS LANE 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 14 JUN	£490,000	£440,071	11% above HPI
2006 20 DEC	£360,600	£272,536	32% above HPI

22 WOODPITS LANE 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 two 22 WOODPITS LANE sales from December 2006 and June 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 2006 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 22 WOODPITS LANE?

22 WOODPITS LANE is 153m², which includes one extension, according to the EPC inspection conducted in July 2017. 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 22 WOODPITS LANE lies on this distribution: 80% of detached houses are smaller than 22 WOODPITS LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Olney.

22 WOODPITS LANE: Plot and Title Map

22 WOODPITS LANE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 22 WOODPITS LANE, 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 22 WOODPITS LANE). 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 22 WOODPITS LANE?

22 WOODPITS LANE is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 22 on WOODPITS LANE.