5, STONE PIT CLOSE, OLNEY, MK46 5LX - £370,000

5 STONE PIT CLOSE is a very large extended detached house of 163m², built sometime between 1996 and 2002. It was last sold for £370,000 in May 2007, which was around 30% above the average May 2007 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

5 STONE PIT CLOSE Sold Prices

Land registry data shows two sales for 5 STONE PIT CLOSE 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 5 STONE PIT CLOSE 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
2007 24 MAY	£370,000	£284,393	30% above HPI
2002 17 SEP	£240,000	£203,334	18% above HPI

5 STONE PIT CLOSE 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 5 STONE PIT CLOSE sales from September 2002 and May 2007 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 September 2002 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2007 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 5 STONE PIT CLOSE?

5 STONE PIT CLOSE is 163m², which includes one extension, according to the EPC inspection conducted in January 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 5 STONE PIT CLOSE lies on this distribution: 83% of detached houses are smaller than 5 STONE PIT CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Olney.

5 STONE PIT CLOSE: Plot and Title Map

5 STONE PIT CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 5 STONE PIT CLOSE, 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 5 STONE PIT CLOSE). 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 5 STONE PIT CLOSE?

5 STONE PIT CLOSE is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 5 on STONE PIT CLOSE.