59, SPRING LANE, OLNEY, MK46 5BP - £547,500

59 SPRING LANE is a very large extended semi-detached house of 174m², built sometime between 1930 and 1949. It was last sold for £547,500 in June 2020, which was around 29% above the average June 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

59 SPRING LANE Sold Prices

Land registry data shows three sales for 59 SPRING LANE 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. Two of the three 59 SPRING LANE sales were for above the average price, whilst one was 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
2020 22 JUN	£547,500	£423,780	29% above HPI
2006 17 FEB	£295,000	£252,812	17% above HPI
2004 30 NOV	£220,000	£257,141	14% below HPI

59 SPRING 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 three 59 SPRING LANE sales between November 2004 and June 2020 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 February 2006 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2020 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 59 SPRING LANE?

59 SPRING LANE is 174m², which includes one extension, according to the EPC inspection conducted in October 2018. 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 59 SPRING LANE lies on this distribution: 88% of detached houses are smaller than 59 SPRING LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Olney.

59 SPRING LANE: Plot and Title Map

59 SPRING LANE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 59 SPRING 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 59 SPRING 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 59 SPRING LANE?

59 SPRING LANE is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 59 on SPRING LANE.